Casey's General Stores Inc. (CASY) 'Has Had An Incredible Run,' Says Jim Cramer
Casey's General Stores Inc. (NASDAQ:CASY) is one of the .
Casey's General Stores Inc. (NASDAQ:CASY) is an American convenience store company based in Iowa. Since it isn't a mega-retailer, the firm isn't a regular feature on Cramer's morning show. In fact, this appearance was the second time he discussed the firm in 2025. However, while Casey's General Stores Inc. (NASDAQ:CASY) doesn't appear much on Cramer's show, he does discuss retailers quite a lot. A major contention the CNBC host has with retailers is prices. He believes Walmart and Costco will dominate the retail industry due to their ability to leverage scale to reduce prices. Cramer also discusses Target frequently and believes the firm should lower its prices. So, it's unsurprising that his discussion of Casey's General Stores Inc. (NASDAQ:CASY) also concerned prices:
'Now I had an outfit on last night that has lowered the prices and that is just crushing it. And that's Casey's, Casey's General. David's laughing. But Casey General is a convenience store that happens to have a breakfast pizza that is darn good. The numbers are extraordinary. The stock has had an incredible run, it's up 25% for the year. Casey General is where people want to be. They only cater to rural territory.'
A close-up of a hand selecting a food or beverage item from a store shelf.
Mairs & Power mentioned Casey's General Stores Inc. (NASDAQ:CASY) in its Q3 2024 investor letter. Here is what the firm said:
'The largest contributions to Fund relative performance during the period included was Casey's General Stores, Inc. (NASDAQ:CASY), a convenience store operator that is gaining market share in part by leveraging data to drive market share gains and structurally higher margins in their business.'
While we acknowledge the potential of CASY as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
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