Low price-to-sales stocks with solid fundamentals and favorable business momentum may offer value opportunities. PEB, M, PARR, APLE and PBF fit the strategy.
Cetera Investment Advisers lessened its stake in shares of PBF Energy Inc. (NYSE: PBF) by 83.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,765 shares of the oil and gas company's stock after selling 64,460 shares
Gasoline prices above $4 per gallon are painful for consumers, but the environment can be very favorable for those investing in refiners that are able to capture strong margins on the fuels they produce.
Bank of America Corp DE decreased its holdings in shares of PBF Energy Inc. (NYSE: PBF) by 23.6% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 865,015 shares of the oil and gas company's stock after selling 267,066 shares during the period. Bank of America
From a technical perspective, PBF Energy (PBF) is looking like an interesting pick, as it just reached a key level of support. PBF recently overtook the 20-day moving average, and this suggests a short-term bullish trend.