Don’t worry—we haven’t missed out on the bargains from the August 5 “flash crash.” We’ve still got a sweet setup for surging dividends in a sector most people completely misunderstand. Misunderstood, unloved and soaring dividends? We’re interested! I’m talking about refinery stocks . We’re going to zero in on two of my favorites today: Phillips 66 (PSX) and Valero Energy Corp. (VLO). As you’ll see below, I like one more than the other in the market in front of us now. I say refiners are misunderstood because most investors confuse them with energy producers, who drill for oil and natural gas, then sell the raw products.… Read more