Wall Street paying more attention to Valero’s stock these days

Valero Energy Corp.’s stock is being hailed by Zacks Investment Research as a strong pick because of its low price/earnings ratio, strong financial outlook and dividend pay-out, the investment firm said Monday.

Valero has a forward PE of 9.91, a P/S ratio of 0.24 and a dividend yield of 2.6 percent. However, Valero’s year-end earnings estimate consensus has risen by 9.7 percent in the past 30 days — due to six upward revisions in the past month, Zacks.com reported.

Zacks has a “buy” ranking…