Here's Why Hold Strategy is Apt for Valero (VLO) Stock Now

Valero Energy Corporation (VLO) has gained 4.4% in the past six months against a decline of 3.8% of the composite stocks belonging to the energysector.What’s Favoring the Stock?Valero, currently carrying a Zacks Rank #3 (Hold), is a best-in-class oil refiner involved in producing fuels and products that can meet the demands of modern life. Its refineries are located across the United States, Canada and the U.K. A total of 15 petroleum refineries, wherein Valero has ownership interests, have a combined throu ...