We recently published 13 Stocks Jim Cramer Discussed During His Historic Morning Appearance. Casey’s General Stores, Inc. (NASDAQ:CASY) is one of the stocks Jim Cramer recently discussed.
Casey’s General Stores, Inc. (NASDAQ:CASY) is an American convenience store company. The stock has gained 36% year-to-date and jumped by 7% last week. BMO Capital was out with an optimistic note about Casey’s General Stores, Inc. (NASDAQ:CASY) earlier today as it raised the firm’s share price target to $540 from $515. Cramer is quite a fan of the stock, as in his previous remarks, he commented that Casey’s General Stores, Inc. (NASDAQ:CASY) was one of the best retail concepts. So what makes the firm so special? Here are his latest thoughts about Casey’s General Stores, Inc. (NASDAQ:CASY):
“. . .one of my absolute favorite convenience stores slash restaurants is Casey’s General. They’ve got breakfast pizza which is dynamite. They’re in 2,900 stores all in places where nobody else is. The stock had a great move after that last run. It’s rarely down, time to by Casey’s. Oh my, I loved it when you can buy, hit em where they [inaudible], there’s nobody else in their places for most part.”
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Previously, the CNBC TV show host discussed Casey’s General Stores, Inc. (NASDAQ:CASY) in detail:
“We’re going to start Monday with one of the best retail concepts around, and you may not know it, but I want you to learn about it. It’s called Casey’s General Stores. This company has 2,900 convenience stores in 20 states and a breakfast pizza that’s more than just a gimmick. We love these guys. Now, we can make a ton of money owning an outfit like Casey’s that dominates in the smaller towns that it operates in.
You know, we had Casey’s on back in June, and I was stunned at how loved their stores were. And I tell you, I was stunned about how much I like the breakfast pizza, and we were thrilled to hear that the regional going international story is alive and well. They report after the close. I’d be willing to buy some both before the earnings and after. It’s just the kind of out-of-the-way story that could work in this tape. Not worried about tariffs here.”
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Disclosure: None. This article is originally published at Insider Monkey.