If you're a beginner investor, the idea of creating a portfolio from the ground up can feel like an impossible goal to achieve. That's why you should start by looking at stocks that are set to beat the market over the next 12 months, a strategy that's been proven to generate strong returns.

Now, let's take a deep dive into a great stock that could be just the right addition to 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.

CASY was added to the Zacks Focus List on August 20, 2019 at $171.98 per share. Since then, shares have increased 135.26% to $404.60.

One analyst revised their earnings estimate upwards in the last 60 days for fiscal 2025. The Zacks Consensus Estimate has increased $0.23 to $14.24. CASY boasts an average earnings surprise of 15.8%.

Moreover, analysts are expecting Casey's General Stores' earnings to grow 6% for the current fiscal year.

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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