If you're a beginner investor, the idea of creating a portfolio from the ground up can feel like an impossible goal to achieve. That's why you should start by looking at stocks that are set to beat the market over the next 12 months, a strategy that's been proven to generate strong returns.

Now, let's take a deep dive into a great stock that could be just the right addition to your portfolio.

Why You Should Pay Attention to Casey's General Stores (CASY)

Founded in 1959 and based in Ankeny, IA, Casey's General Stores, Inc. operates convenience stores under the Casey's and Casey's General Store names in 17 states, mainly Iowa, Missouri and Illinois. As of Jan. 31, 2025, the company operated 2,893 stores.

Since being added to the Zacks Focus List on August 20, 2019 at $171.98 per share, shares of CASY have increased 160.11% to $447.34.

Two analysts revised their earnings estimate higher in the last 60 days for fiscal 2025, while the Zacks Consensus Estimate has increased $0 to $13.95. CASY also boasts an average earnings surprise of 22.7%.

Moreover, analysts are expecting Casey's General Stores' earnings to grow 3.9% for the current fiscal year.

Because stock prices react to revisions, buying stocks with rising earnings estimates can be very profitable. Focus List stocks like CASY offer investors a great opportunity to get into a company whose future earnings estimates will be raised, potentially leading to price momentum.

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Casey's General Stores, Inc. (CASY) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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