Investors who need to replenish their portfolio with a stock outdoors the “Magnificent Seven” ought to think about Casey’s General Stores , CNBC’s Jim Cramer mentioned Monday. “If you want a broadening out, broadening down [stock], look no further than Casey’s,” Cramer mentioned on “Squawk on the Street.” Cramer is referencing the concept that some buyers fear the market has grow to be too top-heavy and are searching for stock alternatives in doubtlessly under-the-radar locations. After a extended stretch of outperformance, Nvidia and the different six tech giants comprising the Mag 7 now signify roughly a third of the S & P 500 , in accordance to Goldman Sachs. Cramer’s Charitable Trust, the portfolio utilized by the CNBC Investing Club, owns shares of Nvidia, Meta Platforms , Microsoft and Amazon — all half of the Mag7. It doesn’t have a stake in the different two members of the cohort, Tesla and Alphabet . Casey’s has a compelling funding story of its personal, in accordance to Cramer. The comfort retailer and truck-stop operator has almost 3,000 areas in the U.S. with roots in the Midwest, nevertheless it’s on an enlargement push throughout the south in states together with Texas and Florida. The firm’s ready meals menu, particularly its breakfast pizza, has been a key pillar of its success, serving to drive site visitors to its areas. In truth, Casey’s says it is the fifth-largest pizza chain in the U.S., as measured by the quantity of kitchens. “If we had a Casey’s General [in New York City], which we do not, I would do a radical pivot away from the [ McDonald’s ] Egg McMuffin to the breakfast pizza,” Cramer quipped. Casey’s generates about 30% of its gross revenue from gasoline margins, making it comparatively much less essential to the firm in contrast with comfort retailer friends, analysts at KeyBanc Capital Markets mentioned in a observe this summer time. Those identical analysts have additionally beforehand highlighted trade consolidation as a favorable long-term tailwind for Casey’s. As of Monday morning, shares of Casey’s are up greater than 28% 12 months to date, although they’ve cooled down in current weeks. At $508 a share, the stock is down virtually 4% from its all-time closing excessive of $527.51 reached on July 25. “These guys have put great number after great number after great number, and I think they’re going to do it again,” Cramer mentioned. “I really think this is a great one.”