Airline operators, car dealers, gasoline refineries, and retail stocks are commonly bought between late April and through the summer season to pay out higher dividends next autumn. Although prices are starting to rise, it is important to know where the companies buy and how they transport the needed materials.
Noteworthy with refineries are the “crack spreads” that calculate the profit per barrel of crude oil based on the price of crude and how much gasoline and other fuels are distilled out of the typical barrel. The weekly NYMEX spread is based on spot price data for the West Texas Intermediate crude oil, also known as New York Harbor gasoline and Diesel fuel.
Companies discussed herein include AutoNation Inc (AN), American Airlines Group Inc (AAL), USA Partners LP (ALDW), CVR Refining LP (CVRR), Western Refining Inc (WNR), Ross Stores Inc (ROST), and Ulta Cosmetics & Fragrance Inc (ULTA).