Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves a ...

Valero Energy (VLO) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving.The upward trend in estimate revisions for this oil refiner reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

Analyst Recommendations and Valero Energy - Valero Energy has an average brokerage recommendation (ABR) of 1.71, which approximates between Strong Buy and Buy, based on 17 brokerage firm recommendations [1] - Out of the 17 recommendations, 12 are Strong Buy, representing 70.6% of all recommendations [1] - The ABR suggests buying Valero Energy, but relying solely on brokerage recommendations may not be ideal due to their inherent positive bias [2] Zacks Rank vs ABR - The Zacks Rank is a proprietary stock rating tool that classifies stocks into five groups, ranging from Strong Buy to Strong Sell, and is a reliable indicator of near-term price performance [3] - Unlike the ABR, which is based on brokerage recommendations, the Zacks Rank is driven by earnings estimate revisions and is displayed in whole numbers [4] - The Zacks Rank is more timely and reflective of changing business trends, as it quickly incorporates revisions in earnings estimates [5] Valero Energy's Earnings Prospects - The Zacks Consensus Estimate for Valero Energy's current year earnings has increased by 13.5% over the past month to $17.14 [6] - Analysts' growing optimism over the company's earnings prospects, as indicated by strong agreement in revising EPS estimates higher, could drive the stock's near-term performance [6] - Valero Energy currently holds a Zacks Rank 2 (Buy), which aligns with its Buy-equivalent ABR, making it a potentially attractive investment [6]

Have you been paying attention to shares of Valero Energy (VLO) ? Shares have been on the move with the stock up 22.6% over the past month. The stock hit a new 52-week high of $184.79 in the previous session. Valero Energy has gained 41.1% since the start of the year compared to the 12% move for the Zacks Oils-Energy sector and the 15.6% return for the Zacks Oil and Gas - Refining and Marketing industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Valero Energy (VLO) . This company, which is in the Zacks Oil and Gas - Refining and Marketing industry, shows potential for another earnings beat.When looking at the last two reports, this oil refiner has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 11.05%, on average, in the ...

The latest trading session saw Valero Energy (VLO) ending at $169.57, denoting a +1.3% adjustment from its last day's close. The stock exceeded the S&P 500, which registered a gain of 0.89% for the day. On the other hand, the Dow registered a gain of 1.03%, and the technology-centric Nasdaq increased by 1.25%.Shares of the oil refiner witnessed a gain of 23.97% over the previous month, beating the performance of the Oils-Energy sector with its gain of 5.25% and the S&P 500's gain of 3.56%.Investors will be ...

SAN ANTONIO--(BUSINESS WIRE)--Valero Energy Corporation (NYSE: VLO) announced today that it will host a conference call on April 25, 2024 at 10:00 a.m. ET to discuss first quarter 2024 earnings results, which will be released earlier that day, and provide an update on company operations. Persons interested in listening to the conference call may join the webcast on Valero’s Investor Relations website at investorvalero.com. About Valero Valero Energy Corporation, through its subsidiaries (collectively, Va ...

Valero Energy (VLO) ended the recent trading session at $159.39, demonstrating a +0.48% swing from the preceding day's closing price. The stock outpaced the S&P 500's daily loss of 0.29%. Elsewhere, the Dow lost 0.35%, while the tech-heavy Nasdaq lost 0.3%.The the stock of oil refiner has risen by 12.47% in the past month, leading the Oils-Energy sector's gain of 6.58% and the S&P 500's gain of 4.42%.Investors will be eagerly watching for the performance of Valero Energy in its upcoming earnings disclosure. ...

In the latest trading session, Valero Energy (VLO) closed at $149.53, marking a +0.34% move from the previous day. This change outpaced the S&P 500's 0.65% loss on the day. On the other hand, the Dow registered a loss of 0.18%, and the technology-centric Nasdaq decreased by 1.16%.The oil refiner's stock has climbed by 5.1% in the past month, exceeding the Oils-Energy sector's gain of 4.75% and the S&P 500's gain of 3.4%.Market participants will be closely following the financial results of Valero Energy in ...