
Ask Me Anything: Beer w/ Tony Greer
Real Vision: Finance & Investing
00:00
Marathon Petroleum: A Major Move Lower?
Gordon Pearson: Marathon Petroleum has been trading beautifully because there's still portfolio management managers that are adding this sucker to their portfolio. Why? Because the crack spread continues to hang in the 30 to 40 range on really positive gasoline demand. This is one of the reasons why in the year like last year when the S&P is down 15% stocks like Marathon are up 80%. And I have Marathon Petroleum shares ready to go for my grandkids when they're born.
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