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Should You Be Confident in Casey’s General Stores (CASY)?

Third Point Management, a New York-based investment advisor, released its second-quarter 2025 investor letter. A copy of the letter can be downloaded here. Third Point Offshore Fund returned nearly -7.5% in the second quarter of 2025. The second quarter started with “Liberation Day,” which spooked markets. By the end of the quarter, the sentiment shifted positively, and markets rebounded. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its second-quarter 2025 investor letter, Third Point Management highlighted stocks such as Casey’s...