Alon USA Partners (ALDW-N)

(Top Pick July6/17, Up 14.98%) Refineries are on everyone’s screen because of the Texan floods. It is a top pick today. They are in-land refineries and are still operating. It also has 300+ convenience stores and sells asphalt and jet fuel also. He does not think they will gouge their customers because of the floods.

It is terrible what happened in Texas, but in any case they have a captive market for their diesel and gasoline. 14% yield. Analysts think the Houston refineries will take a long time to work out. This is a longer term play on those refineries not coming back soon. (Analysts’ target: $12.00).

(Top Pick May 12/17, Down 1.28%) Electric cars will be a lot like tobacco and gas cars are not disappearing immediately. When it bottoms he is going to buy it back.

There has been a bid for the general partner and they may take out the company. You may get a 10% pre-tax withholding tax if you are not American. (Analysts’ target: $12.00).

This only has one refinery, but it is smack dab in the Permian Basin, the epicenter of growing production. Drilling rigs use diesel, so they are getting great prices. His target on this is $15. Dividend yield of 7%. (Analysts’ price target is $11.50.)