You've got to love the names of companies like Tesoro (NYSE: TSO) and Valero (NYSE: VLO), who sound like a name to some popular song from days gone by.
Stripping it down to fundamentals though, and it's hard not to like what you see with Valero, which has a lower forward P/E ratio, than its competitors, including Tesoro, and has better margins as well. What's not to like about them?
The depressed stock price of Valero is also alluring, as its share price has plummeted over the last several years, and yet it looks like it's positioned strong for a nice run, sitting at just under $20 a share at this time.
Tesoro has had a similar performance as Valero over the last several years, but the superior margins and P/E of Valero make it more desirable going forward.
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