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June 4th, 2008

Stock Pick by GusherStocks.com: Delek US Holdings Inc. (DK)

Stock Price: $13.17

Delek US Holdings, Inc. through its subsidiaries, engages in the refining and marketing of petroleum products in the United States. It operates through refining, marketing, and retail. DK owns 65 miles of pipeline and leases another 36 miles of pipeline.

The company increased revenue the past three quarters from $1.06 billion in September 2007 to $1.21 billion in March 2008. DK has increased their operating cash flow the past three quarters from $21.2 million to $23.5 million to $60.5 million.

With the price of gasoline steadily growing, DK is in a favorable position, refining and selling directly to the pumps.

After reaching a low last month, DK's chart is on the upward move. There is good potential for it to stay a strong stocks.

 

 



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