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Strength Seen in Casey's (CASY): Stock Soars 8.2%

Casey's General Stores, Inc. CASY was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $119.68 –$130.74 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen one positive estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Casey's. So, make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Casey's currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is positive.

Caseys General Stores, Inc. Price

Caseys General Stores, Inc. Price | Caseys General Stores, Inc. Quote

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Investors interested in the Retail-Wholesale sector may consider Shoe Carnival, Inc. SCVL, which also has a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.

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