Refiners have been some of the worst performing stocks on the market in recent months as investors have turned their backs on the company's, citing concerns about pending emission regulations, and the shrinking Brent-WTI spread, a key indicator of refinery profits. In addition, these falls have been compounded by the gains made in the sector last year.
However, this sell-off could offer value investors the perfect opportunity.
HollyFrontier Looking Attractive as Value
After the recent declines, refiner HollyFrontier Corp (NYSE:HFC) looks like the perfect value investment. Indeed, HollyFrontier currently conforms to all of Benjamin Graham's value investing criteria set out in his book, The Intelligent Investor:
Login required to continue reading.
Setup a free account to get access to this article (no credit card required).
View Full Article
