Casey's General Stores: Is the High-Flying Convenience Chain Still a Buy After a 53% Rally?
Casey's General Stores shares have surged over 50% in the past year, leaving investors to question if the rally has run its course. A deep dive into valuation metrics reveals a stock trading near fair value by some measures, but at a significant premium to peers based on traditional multiples, highlighting the market's high expectations for the Midwest retailer.