Reported about 12 hours ago
Casey's General Stores, a convenience store and gas station hybrid founded in 1959, has shown remarkable growth, outperforming the S&P 500 significantly since going public in 1983. The company has capitalized on its fresh food offerings, especially pizza, to drive higher profit margins, allowing for competitive gas prices and increased foot traffic. Despite a current high valuation, Casey's has ample room for expansion in the Midwest, suggesting potential for continued growth. Investors are encouraged to consider its long-term prospects, even as some analysts recommend alternative stocks.
Source: YAHOO