HF Sinclair Corporation (DINO)

Our PAST TOP PICK with DINO has triggered its stop at $53.  To remain disciplined, we recommend covering the position at this time.  This will result in a net investment gain of 1%.  

Our PAST TOP PICK with DINO has achieved its target at $62.  To remain disciplined, we recommend covering half the position at this time and trailing up the stop (from $51) to $53.  

Our PAST TOP PICK with DINO is progressing well.  To remain disciplined, we recommend trailing up the stop (from $44) to $51 at this time.  

We reiterate this Western US based retail supplier of transportation fuel as a TOP PICK.  The company has seen a 31% increase in net income growth over the past five years and supports a 23% ROE.  We like that cash reserves are stable, while they aggressively purchase shares and retire debt.  Its dividend is backed by a payout ratio under 20% of cash flow.  We continue to recommend a stop at $44, looking to achieve $62 -- upside potential over 16%.  Yield 3.2%       

DINO produces and markets refined products such as gasoline, diesel, jet and renewable diesel in the the western United States through 1500 branded stations.  It trades at 8x earnings, right at book value, and supports a 23% ROE.  Quarterly cash reserves are growing, as debt is retired and shares bought back.  WE recommend placing a stop-loss at $44, looking to achieve $62 -- upside potential of 17%.  Yield 3.3%