Quant Model Indicates 20-day Upside in VLO Long
Valero Energy CorporationNYSE
Description
⋅ Our academically-based quant models indicate that Valero is likely to perform strongly over the next 20 days:
Short term indicators:
- Above 20-day, 50-day, 200-day moving averages
- Close to 52-week high
- Not that overbought
Our academically-based quant models also indicate that Valero is likely to perform strongly over the next 12 months:
Long term indicators:
- Undervalued on revenue, earnings, book value, and free cash flow basis
- Strong price momentum
- Excellent profitability & earnings growth