Casey’s General Store is the third-largest convenience store in the U.S., with some 2,500 locations across 17 states. The company focuses on more rural locales, where its top-notch distribution platform provides a competitive edge, Teresa Rivas writes in this week’s edition of Barron’s. Casey’s is also growing-it expects to add 150 stores during the fiscal year ending in April-and that expanding footprint should keep pushing the shares to new highs even as its valuation remains grounded, the author adds.
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