VLO has a pretty low P/E, which indicates that it is undervalued. It is rated a buy at stoxline website.
P/E usually means a stock has lost favor with the investment community.
well, write off aside, forward P/E is around 5 here, one of the lowest in the markets, period...
who wants to buy VLO when the CEO who runs the company came on board with a share of $60 something, and its been stuck in $20-$30 day-traders playground range since 2008 ?
In 2006 vlo was $60 fyi