5 Best Ethanol Stocks To Invest In Now

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1. Valero Energy Corporation (NYSE:VLO)

Number of Q4 2023 Hedge Fund Shareholders: 47

Valero Energy Corporation (NYSE:VLO) is a renewable energy company that also owns and operates 14 ethanol plants across the U.S. and Canada. The firm scored a win in March 2024 when Bank of America upgraded the shares to Buy from Neutral and upped the share price target to $210 from $156.

47 out of the 933 hedge funds part of Insider Monkey’s Q4 2023 database had invested in the firm. Valero Energy Corporation (NYSE:VLO)’s largest stakeholder among these is Peter Rathjens, Bruce Clarke, and John Campbell’s Arrowstreet Capital through its $290 million stake.

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Disclosure: None. You can also take a look at 20 Biggest Natural Gas Companies in the World and 15 NATO Members with the Largest Militaries.

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