13 Best Long Term Low Risk Stocks to Buy Now

8. Casey’s General Stores, Inc. (NASDAQ:CASY)

Beta (5Y Monthly): 0.68

5-Year Return: 236.77%

On January 26, KeyBanc Capital Markets raised its price recommendation on Casey’s General Stores, Inc. (NASDAQ:CASY) to $680 from $650. The firm kept an Overweight rating, pointing to an improving outlook for the business.

A few days earlier, on January 23, RBC Capital Markets also lifted its price target on Casey’s, raising it to $662 from $591, while maintaining a Sector Perform rating. In a broader note on the convenience store space, the firm said stronger gas margins, Casey’s long history of stable demand, and solid momentum heading into the fourth quarter supported its positive view. That stance held even as consumers remain cautious and focused on value amid ongoing economic and geopolitical uncertainty.

The company’s President, CEO, and Board Chair said diluted earnings per share reached $5.53, while net income rose to $206 million, representing a 14% increase from a year earlier on both measures. EBITDA came in at $410 million, up 17.5% year over year.

He highlighted continued strength in prepared foods and dispensed beverages, noting that customers responded well to new menu items and promotional activity. Grocery and general merchandise margins also improved, supported by higher store traffic and effective merchandising. He added that disciplined execution of the fuel strategy, combined with a strong in-store offering, delivered a fourth consecutive quarter of growth in fuel gallons.

Casey’s General Stores, Inc. (NASDAQ:CASY) operates roughly 2,900 convenience stores across 19 states, offering self-service fuel, everyday grocery items, and a broad selection of freshly prepared food.