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Thursday, September 13, 2012
Investopedia: Can Casey's Ring Up Better Cash Flow?
Plenty of stocks work even though their models fly in the face of
academic notions of how financial markets are supposed to work. Take the
case of Casey's General Stores (Nasdaq:CASY).
While this company has a business plan that makes ample sense (building
stores in small Midwestern communities) and has delivered good growth
and reasonable returns on capital, the free cash flow generation has not been so great. So although Casey's doesn't work so well from a discounted cash flow perspective, I don't think that's going to hurt the stock all that much.
Please follow this link for more:
http://www.investopedia.com/
Please follow this link for more:
http://www.investopedia.com/
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