Jim Cramer said Casey’s General Stores is one of his absolute favorite companies and that its upcoming analyst day on Wednesday could actually move the stock because people still don’t know the Casey’s story and its small-city model. Speaking on the June 16 episode, Cramer advised a caller to buy the stock in stages, suggesting 25 shares now and more if it dips, noting the $865 price can be thought of as an $86 stock. He also speculated that Iran peace negotiations could trigger an oil glut, cool inflation, and pull interest rates down.
Caseys General Stores IncJim Cramer calls Casey's one of his absolute favorite companies and advises buying the stock, which could attract investor attention ahead of analyst day.