Hey guys,
What's your take on VLO?
P/E of ~7, very little debt, very small payout ratio (under 30%) and a great yield in the ~4.7% range. 28 years of payments and a solid dividend growth.
And yet, it's hitting another consecutive 52 week low... and yes I know they missed revenue numbers for Q1 .
I look at the fundamentals and I feel I should buy some more but there's something I'm missing. Why am I the guy driving in the opposite lane and wondering why everyone else is wrong?
What's your take on VLO?
P/E of ~7, very little debt, very small payout ratio (under 30%) and a great yield in the ~4.7% range. 28 years of payments and a solid dividend growth.
And yet, it's hitting another consecutive 52 week low... and yes I know they missed revenue numbers for Q1 .
I look at the fundamentals and I feel I should buy some more but there's something I'm missing. Why am I the guy driving in the opposite lane and wondering why everyone else is wrong?