Blog > Editor's Pic > Load up on Tesoro (TSO) while the gettin’s good
 | Email This Article Email This Article  | 

Load up on Tesoro (TSO) while the gettin’s good

Posted July 23, 2008

Load up on Tesoro (TSO) while the gettins good

Baltimore— (TFN): Thanks to high crude oil prices, refiners have been taking it on the chin of late. Tesoro Corporation (TSO:NYSE) hit a 52-week low last week and is oh-so-slowly recovering as oil prices retreat.

Tesoro has seven refineries in the U.S. It owns and operates gas stations and convenience stores in 17 states. It produces and markets gasoline, jet fuel, diesel fuel and heavy fuel.

Its stock price is around $16.60 as I type — this with a 52-week high of $65.98!

I don’t see this stock price going and further down so I recommend you take the opportunity to pick up shares of Tesoro Corporation (TSO:NYSE) at or below $17.50. 

 
****Make sure you sign up for our FREE TFN News Feed for breaking news, special reports and new financial videos. Sign up through your favorite reader here. Or, if you prefer, have the feed delivered to your email.

Related Articles


Posted by Laura Cadden · Filed Under Editor's Pic 

Comments

Viewing 2 Comments

close Reblog this comment
Powered by Disqus · Learn more
blog comments powered by Disqus