With a market cap of $22.1 billion, Casey's General Stores, Inc. (CASY) is a leading convenience-store retailer headquartered in Ankeny, Iowa. The company operates nearly 3,000 stores across 19 states, with a particularly strong presence in smaller communities.
Companies valued between $10 billion and $200 billion are generally considered "large-cap" stocks, and Casey's fits this criterion perfectly. Its competitive strength lies in its large regional footprint, strong brand loyalty, and differentiated food offering, particularly its popular pizza and prepared foods. Its combination of fuel, convenience merchandise, and higher-margin food drives customer traffic and profitability, while its scale provides purchasing and operating advantages. The company’s proven ability to expand through new-store development and acquisitions further strengthens its position and supports long-term growth.