Casey's General Stores: Rating Downgrade On Negative Near-Term Set Up

I recommended a hold rating for Casey’s General Stores (NASDAQ: CASY ) when I wrote about it in December. While I did get more optimistic on the business, the reason I gave a hold rating was because ofI consider an investment ideal if it performs its core business in a sector projected to experience structural (organic) growth in excess of GDP growth over the next 5-10 years; profits from sustainable competitive advantages that translate into attractive unit economics; In the hands of competent, ethical, an ...