Jim Cramer Blog

Valero has been down over $2 all day along with the rest of the oil market. Today, after the bell they are announcing their quarterly earnings report. Being the largest supplier of gasoline in the country, along with the recent run-up in oil prices, it could be a blow out quarter. The decline today could be the discount that we have been looking for to get into this stock. Wait for the earnings after the bell today, and if VLO is trading around the same range as it closed, pick up some shares.