Valero Energy Corporation's (VLO) stock surged 5.01% in Tuesday's trading session during pre-market hours, outperforming the broader market amidst current volatility.
The rally in Valero's shares can be attributed to renewed investor interest in the energy sector, as evidenced by positive broker recommendations and upward revisions in earnings estimates for several energy stocks, including Valero.
According to a recent article by Zacks Investment Research, Valero Energy is among the broker-favored stocks worth keeping an eye on. The article highlights Valero's extensive refinery network across the United States, Canada, and the Caribbean, offering a diversified refinery base that positions the company well to capitalize on industry trends.
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