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Zacks Equity Research

Alon USA Energy (ALJ) Soars: Stock Adds 10.1% in Session
March 11, 2014


Trades from $3
Alon USA Energy, Inc. (ALJ - Free Report) was a big mover last session, as the company saw its shares rise over 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $13.18 to $14.70 in the past one-month time frame.

The company has seen one positive revision in the past 30 days while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Alon USA Energy. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.

Alon USA Energy currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

However, some better-ranked stocks in the oil and gas refining and marketing industry include Delek US Holdings, Inc. (DK - Free Report) , Phillips 66 (PSX - Free Report) and Marathon Petroleum Corp. (MPC - Free Report) . All of these have a Zacks Rank #2 (Buy).

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