[ibd-display-video id=2102289 width=50 float=left autostart=true] IBD's unique RS Rating tracks market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the trailing 52 weeks matches up against that of all other stocks.
History shows that the best-performing stocks tend to have an 80 or better RS Rating as they launch their biggest climbs.
Valero Energy has climbed more than 5% past a 71.50 entry in a first-stage consolidation , meaning it's now out of a proper buy range. Look for the stock to create a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week moving average.
While sales growth fell last quarter from 39% to 14%, the bottom line grew 15%, up from 13% in the previous report. The next quarterly numbers are expected on or around Oct. 25.
Valero Energy holds the No. 4 rank among its peers in the Oil & Gas-Refining/Marketing industry group. Par Pacific ( PARR ) is the No. 1-ranked stock within the group.