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gregweaver's Stock Forecast for VALERO ENERGY CP (VLO)

Submitted by gregweaver on Fri, 02/01/2008 - 22:20.

Stock

VALERO ENERGY CP (VLO)

Target

From $60.17 to $80.00

Target Date

1/1/2009

Current Price

$47.8 (-67.36% from goal)
Negative progress made toward goal
Market Outlook: Not given
Top 3 Stocks: Not given
College: University of Texas at Austin

Authority:
9.56 (?)

Thesis:

I really think that Valero's new direction is the right one for short and long term investors. I believe they will continue to increase their dividend, sell off lagging assets, and improve margins, while maintaining a strong organic growth rate.