Casey's: Favorite Stock from the Small Town, but for How Much Longer?
With a price increase of 202.6% over the last five years, Casey's has clearly left the overall market behind.
For a gas station chain focused on American small towns, the valuation now seems ambitious.
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Casey's General Stores, Inc. (NASDAQ: CASY) is one of the surprising outperformers of recent years. Those who invested five years ago could enjoy a price gain of over 200% - thus, the company has clearly outpaced the S&P 500. Recent business figures also show that operations are running smoothly, and the stock could soon test its all-time high of nearly $475 from May 2025 again. Nevertheless, entering at the current level is not necessarily pressing. The valuation has become significantly more ambitious. A P/E ratio of 30.9 appears high, especially...
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