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Valero Energy Builds RS Rating With Rising Oil Prices

The Relative Strength (RS) Rating for Valero Energy (VLO) climbed into a higher percentile Wednesday, as it got a lift from 65 to 72. History reveals that the top-performing stocks tend to have an 80 or higher RS Rating as they launch their largest climbs. See if Valero Energy can continue to rebound and clear that threshold.

When looking for the best stocks to buy and watch, be sure to pay attention to relative price strength.

This unique rating identifies market leadership by showing how a stock’s price movement over the last 52 weeks measures up against that of the other stocks in our database.


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Valero Energy Approaches A Breakout

Valero Energy is building a consolidation with an 85.05 buy point. See if the stock can clear the breakout price in heavy volume.

Earnings grew 138% last quarter, up from 0% in the prior report. Revenue also increased, from -6% to 167%. The next quarterly results are expected on or around Oct. 22.

The company earns the No. 10 rank among its peers in the Oil & Gas-Refining/Marketing industry group. Adams Res & Energy (AE) and CrossAmerica Partners (CAPL) are also among the group’s highest-rated stocks.

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