Casey’s General Stores (CASY) has shown a significant bullish trend, recently surpassing its 20-day moving average, which is a key trading indicator. Over the last four weeks, CASY shares have increased by 6.1%, indicating positive momentum in the market.
Moreover, there have been no downward revisions in earnings estimates for CASY in the past two months, with one upward adjustment contributing to an overall positive consensus estimate for the current fiscal year. As of now, CASY holds a Zacks Rank of #2 (Buy), suggesting potential for further gains in the near future.
