Jim Lebenthal
Caseys General Store
CASY-Q
HOLD
Jun 07, 2024
They report Tuesday. Share have flown along with good operations, which he expects to continue. Given the current valuation, he doesn't expect much upside, but remains positive.
The chart is amazing. It closed at $117.76. He has a fair market value of $124.06, a 5.8% upside. However, he wouldn’t buy it here, but would wait for a pullback to $104-$105.
They report Tuesday. Share have flown along with good operations, which he expects to continue. Given the current valuation, he doesn't expect much upside, but remains positive.