Jim Cramer Says He Has Been A "Big Unmitigated Fan of Casey's"

Casey’s General Stores, Inc. (NASDAQ:CASY) is one of the stocks Jim Cramer weighed in on. Cramer said that he remains “very much in the bull camp” for the stock, as he remarked:

“Now, I have been a big unmitigated fan of Casey’s for a couple of years now because they found this great niche. There’s a reason this stock’s up almost 2400% over the past 20 years. These guys intentionally target smaller markets where their gas stations and convenience stores with fresh hot food can become a big draw, and that’s what’s turned Casey’s into a spectacular regional to national growth story… The stock’s now up 94% since I started pushing this thing two years ago, trouncing the S&P 500, which is why I keep going back to the well with this one…

I wasn’t deterred at all, viewing this negative response to Casey’s overwhelmingly positive quarter as a potential buying opportunity for you, as I said on Squawk on the Street this morning, when it was down. Why? First, let’s tackle that unchanged guidance issue head-on. While I obviously would’ve loved to see Casey’s raise its full-year forecast, the company’s only one quarter into its 2026 fiscal year… It’s the chance to buy it without the, what I think is going to be a guide up next quarter… And after this quarter, I remain very much in the bull camp on Casey’s, and it seems like the market agrees…

Okay, so here’s the bottom line: Last night, we got another terrific quarter from Casey’s General, one of my absolute favorite under-the-radar growth stocks. You can buy this one and put it away. While the stock initially did react because management left their full-year forecast unchanged, I think they only did that because they feel it irresponsible to raise their guidance after just one quarter, as many companies do. They don’t want to get ahead of themselves, but everything’s going great in Casey’s, and the market eventually got this one right. Still, after today’s gains, you know what? I think there’s much more upside to come.”

Casey’s General Stores, Inc. (NASDAQ:CASY) operates convenience stores providing prepared foods like pizza, sandwiches, and baked goods, along with beverages, snacks, alcohol, household items, and fuel. The company’s locations also provide services such as ATMs, lottery, prepaid cards, car washes, and distribution support.

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Disclosure: None. This article is originally published at Insider Monkey.