US Independant Refiners: Short-term weakness could be a buying opportunity@JPHQ JPMorgan believes the refining sector still has room for upside in 2006. They feel the Q4 earnings season could bring opportunities to add positions as warm weather and inflated Street estimates might provide a short-term weakness in the sector. JPHQ believes fundamentals are still solid for the sector and would use and weakness as a buying opportunity. VLO and HOC are JPMorgan's picks for the sector.
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