Bookmark and Share

Alon USA Energy Shares Rally as Goldman Sachs Initiates Coverage on Stock with Buy Rating (ALJ)

Shares of Alon USA Energy Inc. (NYSE: ALJ), an independent refiner and marketer of petroleum products operating mainly in the South Central, Southwestern and Western regions of the U.S., are soaring in trading today after Goldman Sachs initiated coverage on the stock with a “Buy” rating.


All stories in are for informational purposes only. This is NOT a stock recommendation. This story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at . About is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.