Long Position on CASY @ $130.00 on 12/19/2018 (Momentum)

Casey's General Stores, Inc. (CASY) operates convenience stores under the Casey's and Casey's General Store names.

The company's stores offer a selection of food, including freshly prepared foods, such as pizza, donuts, and sandwiches; beverage and tobacco products; health and beauty aids; automotive products; school supplies, housewares, and pet supplies; and other nonfood items.

Its stores also provide fuel for sale on a self-service basis.

In addition, the company operates two stores under the Tobacco City name primarily selling tobacco products; and one grocery store. As of November 20, 2018, it operated a total of 2,097 stores. 

Shares have formed a bullish "flag" following the company's latest quarterly report. Higher share prices are expected for this stock.

Entry Point: $130.00

Stop Loss: $123.50

Trading Range: $90.42 - $133.34

Target Price: $143.00

Updates

2/12/2019 9:52:22 AM

CASY closed at $132.40

Position closed on 2/12/2019 at price of $132.40 with a 1.85% gain in 55 days.

Back to Portfolio