So im going to newb up this great thread by asking a silly question.Im on page 61 currently so I have have a understanding of what I should be looking for in a stock. I started out looking at local company's that i use. Casey's (CASY) is a gas station currently only in the midwest, in the last year they have purchased land in tennesse and kentucky, so i would think they plan to expand.When i got out of the military in 2006 and moved back here to iowa they bought out most of the other local gas stations, and they now have about 75% of the market here. What my question is, all the info that is in this thread says to not buy this stock. It has a annual dividend yield of 1.15%, thats horribly low, buts its growth has been great in the last 10 years. I would personally not have a problem owning this stock as i can see what they are doing every day but they are not best of breeds, so does the growth out gain the lack of a decent dividend, or should i be looking at something else.
They have an interesting market over a normal gas station, they make some amazing pizza that for the most part is a home made on a large scale that is priced cheaper and taste better then your normal papa johns,pizza hut,dominos and other pizza places.Why i think they are planning to be around for awhile is they just started adding a deliver service of their pizza to help get in on the food market and make a move on the "main" pizza joints.Im not sure of any other business that does something like that. I just got into this investing game again some im just in the research phase for the next few weeks till i get game plan going. Not that im trying to find the next get rich stock but i think over the long term of 30+ years this may be one to get and wanted to know if my thinking is in the correct spot.
I should probably add that I would not have a large amount to invest, so this is where im thinking i should probably go with a better steady eddie as greg puts it to start out, till i get more into the account and can then take this mild "risk" as i look at it.
Last edited by silvermonte; 03-20-2013 at 06:31 PM.
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