Stocks for Fastener Gain in 2016

Stocks for Fastener Gain in 2016

Chicago Rivet and Machine Co. was the biggest winner in stock value during the year. The automotive fastener stalwart saw share gains climb 78.4% during the year.

Other companies gaining 10% or more in share value during 2016 included Carpenter Technology (up 19.5%); Dorman Products (up 54%); EACO (21.8%); Fastenal (15%); Grainger (up 14.6%); ITW (up 32.1%); KLX (up 46.5%); MSC Industrial (up 64.2%); Nucor (up 47.7%); Park Ohio (up15.8%); Simpson Mfg. (up 28.1%); Tree Island Steel (up 36.4%); TriMas (up 26%); and Wesco Aircraft (up 24.9%).

Much of Chicago Rivet’s stock gains came during the fourth quarter, when the company’s stock increased 47.7%.

Orignal Article: https://www.globalfastenernews.com/fastener-stocks-outpace-industrial-gains/


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