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Valero Energy has underperformed, but stick with the refiner
Aug 14, 2009 07:00 PM UTC

Joseph Lazzaro

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Symbol	Sentiment	Start	Return	Closed
VLO		08/14/09	+3.15%	01/22/10

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Filed under: Valero Energy (VLO), Stocks to Buy

Valero Energy (NYSE: VLO) has underperformed, but I'm nevertheless Reiterating my Buy rating for the company, first recommended on April 20, 2009 at a price of $20.08. Here's why:

True, gasoline demand has lagged due to the recession, but that trend is expected to end, as lay-offs decline with the U.S. economic recovery.

Continue reading Valero Energy has underperformed, but stick with the refiner

Valero Energy has underperformed, but stick with the refiner originally appeared on BloggingStocks on Fri, 14 Aug 2009 14:00:00 EST. Please see our terms for use of feeds.

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