The site where students compete, learn, and make money Wednesday, August 20, 2008
DJIA: -130.84 NASD: 0 10-YR: 0
 
 
 
 
     
 
     

bulls-eye's Stock Forecast for VALERO ENERGY CP (VLO)

Submitted by bulls-eye on Thu, 06/19/2008 - 17:54.

Stock

VALERO ENERGY CP (vlo)

Target

From $44.13 to $55.00

Target Date

12/31/2008

Current Price

$33.42 (-64.57% from goal)
Negative progress made toward goal
Market Outlook: Bullish
Top 3 Stocks: ba,gol,ewm
College: Catholic University

Authority:
9.27 (?)

Thesis:

Recent estimates by Goldman put this year's earnings at like 6x the current price. Crack spreads will begin to ease.

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I completely disagree

Submitted by THE O-MAN on Tue, 08/05/2008 - 20:13.

The dollar is materially broken out the upside which is taking the wind out of oil, which means crack spreads should widen out which benefits Valero. Today it has a PE of 7.32 it is very very cheap!

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nope

Submitted by lucas20 on Tue, 07/15/2008 - 19:49.

i think this forecast is all but kaput

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