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Top Stock Valero Energy Thrives Amid Low Oil Prices

Most energy stocks have tanked with the price of oil. Not Valero Energy (VLO). The world’s biggest independent oil refiner is up 50% over the past year, while the S&P 500 is down slightly and the 39-stock oil and gas refining group has dropped 14%. The stock is currently getting support at its 10-week moving average as it works on a flat base with a buy point at 73.98. Valero operates 15 refineries stretching from California to Canada to the

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Source : Investors.com