Sunoco Shares Gain 29% in a Year: How Should You Play the Stock?
SUNSunoco LP(SUN) ZACKS·2024-08-27 03:45

Sunoco LP (SUN) units have gained 29.3% over the past year, which, though encouraging, lags the 58.1% growth of the broader industry. Sunoco's business model is stable and resilient, underpinned by its operation of one of the largest fuel distribution networks in the United States. This strength is evident in its price performance.However, the company’s significant reliance on debt capital may have hindered its stock price movement, resulting in its underperformance relative to its industry peers.One-Year S ...