Here's 1 Company to Benefit from Increased Air Traffic

While Valero gets most of the attention in the downstream market as the best independent refiner, Tesoro is a name making great strides that shouldn't be overlooked by investors. The company recently approved a $1bln buyback (up from $500mln) and Greg Goff, President and CEO of Tesoro was quoted as saying "Our focus remains on the continued execution of our strategic plan and driving shareholder value creation through strong operating performance and the delivery of high return capital projects and synergies."

Investors should keep in mind Tesoro is hosting an Analyst/Investor day at NYSE on Dec 10th. I'm looking for the company to continue to discuss ways to become more efficient while ramping up production from newly acquired California assets. Also, I'm keen to hear management discuss steps to secure a bigger piece of the jet fuel market, a market trying to incorporate cleaner biofuels Tesoro is moving forward with. 

Get a head start on the market in 2014 with this top stock

The market stormed out to huge gains across 2013, leaving investors on the sidelines burned. However, opportunistic investors can still find huge winners. The Motley Fool's chief investment officer has just hand-picked one such opportunity in our new report: "The Motley Fool's Top Stock for 2014." To find out which stock it is and read our in-depth report, simply click here. It's free!


The article Here's 1 Company to Benefit from Increased Air Traffic originally appeared on Fool.com.

John Licata has no position in any stocks mentioned. You can follow John on Twitter at bluephoenixinc. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Learn about investing from the comfort of your own home.

Portfolio Basics

Take the first steps to building your portfolio.

View Course »

Investment Strategies

Learn the strategies you need to build a winning portfolio

View Course »

Add a Comment

*0 / 3000 Character Maximum