Sunoco: Buy The Dip Despite Questionable M&A (Upgrade)

Group 1 - Parkland shareholders approved Sunoco's acquisition with 93% voting in favor of the deal despite some initial pushback from shareholders [1] - The likelihood of regulatory challenges regarding the acquisition is considered low [1] Group 2 - The article emphasizes the importance of macro views and stock-specific turnaround stories for achieving outsized returns with a favorable risk/reward profile [1]