2 Cheap, Misunderstood Stocks With Dividends Set To Surge
PSXPhillips 66(PSX) Forbes·2024-08-14 20:04

Two engineers man and woman using laptop to work at power plant on night shift.gettyDon’t worry—we haven’t missed out on the bargains from the August 5 “flash crash.” We’ve still got a sweet setup for surging dividends in a sector most people completely misunderstand.Misunderstood, unloved and soaring dividends? We’re interested!I’m talking about refinery stocks. We’re going to zero in on two of my favorites today: Phillips 66 (PSX) and Valero Energy Corp. (VLO). As you’ll see below, I like one more than th ...