The FIN Fastener Stock Index regained momentum in the third first half of 2017, increasing 2.3% during the period. That compares to a 4.7% increase by an index of related industrial stocks during the first nine months of the year.
Fastener stocks gaining 10% or more in value during the third quarter of 2017 included Arconic (up 12%); Carpenter Technologies (up 29.7%); Lawson Products (up 14%); Park-Ohio (up 19.7%); Simpson Mfg. (up 12.2%); and TriMas (up 27%).(…)