All too often, investors chase the next great idea or the major secular trends in hopes of incredible gains. What so many tend to ignore when pursuing those trends are the tried-and-true investments that consistently generate high returns and reward investors.
There is no passive income powerhouse sector that investors overlook more than oil refining stocks . For decades, top-flight refiners have run laps around the broader market. No company better represents the overlooked opportunity in oil refiners than Valero Energy (NYSE: VLO) . Here's a brief look at why Valero is a stock investors should seriously consider when looking for a decade of passive income for their portfolios.
Tell me if you've heard this before. Whenever a potential oil and gas stock is mentioned, someone always says "oil is cyclical" as a catch-all for why you shouldn't invest in the sector. Yes, prices can fluctuate and the industry can go through periods of boom and bust. That doesn't mean all investments in the industry fall prey to these cyclical challenges.
For further details see:
The Best Energy Dividend Stock for a Decade of Passive Income