Building an investment portfolio from scratch can be difficult, especially if you're new to investing. It's easy to feel overwhelmed with so many different investment options out there, but focusing on stocks that are set to outperform the market over the next 12 months is an excellent place to start.

Let's now take a look at one standout stock that could be a perfect fit for your portfolio.

Why You Should Pay Attention to Casey's General Stores (CASY)

Founded in 1959 and based in Ankeny, IA, Casey's General Stores, Inc. operates convenience stores under the Casey's and Casey's General Store names in 16 states, mainly Iowa, Missouri and Illinois. As of July 31, 2024, the company operated 2,674 stores.

On August 20, 2019, CASY was added to the Zacks Focus List at $171.98 per share. Shares have increased 144.73% to $420.89 since then.

One analyst revised their earnings estimate higher in the last 60 days for fiscal 2025, while the Zacks Consensus Estimate has increased $0.21 to $14.22. CASY also boasts an average earnings surprise of 15.8%.

Earnings for Casey's General Stores are forecasted to see growth of 5.9% for the current fiscal year as well.

Because stock prices react to revisions, buying stocks with rising earnings estimates can be very profitable. Focus List stocks like CASY offer investors a great opportunity to get into a company whose future earnings estimates will be raised, potentially leading to price momentum.

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Casey's General Stores, Inc. (CASY) : Free Stock Analysis Report

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