Valero Energy Corporation (VLO) Hit a 52 Week High, Can the Run Continue?

Valero Energy (VLO) has surged 16.5% over the past month and hit a 52-week high of $407.27, gaining 147.7% year-to-date. The company has consistently beaten earnings estimates and maintains a Zacks Rank #1 (Strong Buy) with strong Growth and Momentum scores. However, valuation metrics show the stock trades at a premium on cash flow basis (18.7X vs peer average 11X), raising questions about sustainability of the rally.