Valero is an oil refiner who currently has a $5BB buyback in place, which is one of the largest and impressive throughout the market. Oddly, enough though VLO has been stalled here in the $65-$67 range even as oil is well passed $82 a barrel. As crack spreads near their lowest level this in sometime pressure has been put on refiners such as VLO and TSO and could affect operating margins if you believe this. With tons $5BB of cash on the books and a PE of 7 VLO is going to move play catch up to oil next week and could easily trade to $72 Weekly Catalyst: Look for a rebound in crack spread margins to help boost VLO among other refiners; this will rocket shares which have not been following crude oil prices.

The same that applies to VLO applies to TSO only TSO is the more speculative play out of the two. It really is amazing that TSO is down 20 points from its high even though oil is making all time highs. Let us not forget that Tesoro easily beat Q2 estimates as well. It has $1.6BB in Operating Cash Flow with Earnings growth of over 35% (YoY) TSO is a great play. Once the crack spreads start to move higher TSO will rocket up!

Kohl’s just reported that will repurchase $2.5 billion worth of common stock over the next three years. How ironic, since the stock is near its 52-week low. A buyback of this size (13% of total outstanding shares) indicates that management thinks it’s time to get on board. On top of the buyback, Deutsche Bank reiterated its buy rating and $75 price target. The bank believes the repurchase plan will add to full-year 2007 and full-year 2008 earnings-per-share growth. Kristin Bentz former Lehman Brothers Consumer Equities analyst and now managing editor and consumer retail contributor at realmoney.com also feels that KSS is a buy.

FreightCar America has been on a horrible slide ever since it posted sub-par earnings back in July and down some 33% from those July highs RAIL is now worth look. With a short position of 18% leaning on the stock it is no wonder RAIL has had trouble moving but with investors such as Buffet and other large hedge funds investing in the RAIL space shorting such stocks will back fire. My guess is that Buffet is indirectly playing international growth via the rails; it is the safest way for him. RAIL manufactures, rebuilds, repairs and sells freight cars that are used for hauling coal, and other commodities and it seems like a great way to indirectly play the current transition back into the rails. With a $17.50 book value and $1.3 in revenue and ZERO debt look for RAIL to move higher this coming week. Weekly Catalyst: Beaten down repair of rail-road cars is about to move much higher as it sports zero debt and a high book value. Also a great play on the transitional back into rails.

Announced a historic deal with the United Auto Workers on a new labor contract early Wednesday that ended the union's first nationwide strike against the company in 37 years and sent auto stocks higher in early trading. The deal includes an agreement on creating a union-controlled health care trust fund for GM retirees, or a so-called VEBA, which promises to free the company from most of its $51 billion in long-term health care liabilities in return for a large cash payment. It also reportedly includes an agreement for a lower wage structure for newly hired workers, as well as financial offerings to give existing workers an incentive to retire. GM said the deal will strengthen its U.S. manufacturing presence with "significant future investments." "This agreement helps us close the fundamental competitive gaps that exist in our business," the automaker said in a press release. "The projected competitive improvements in this agreement will allow us to maintain a strong manufacturing presence in the United States along with significant future investments." This deal saves GM BILLONS LONGER-TERM. But the up front payout may cuase the stock to go down. Of course, that would be a great buying opp. The real question is why did Kirk Krikorian leave GM? Here is Cramers take on the deal "To me this is crucial because right now, with the Fed cutting interest rates, you should have been buying these auto stocks. But the raw inputs -- namely, health care -- were too high. No longer. Currently the earnings per share estimates for GM for next year are in the $3s, some high $3 and some low $3. You just got a huge boost to those numbers from the bottom-line side. I think the Fed's rate cuts are going to help the top line because the auto companies can then offer the cut-rate financing that brings people into the showroom. I would buy this stock off this deal if the stock stays around current prices because the possibility of a 4 handle on the earnings makes it worth the taking"

On Thursday LTON traded 200x its normal daily volume as all Chinese teleacom stocks rallied HARD. Even though we saw a bit of a pull-back Thursday into Friday; such volume increase creates volatility which is great for traders. Still trading @ near cash flows, LTON offers limited downside and a lot of upside. -- Has yet to run as other compaines in its sector.

There is no better solar company then FSLR, Solar is one of the few solar companies that actually makes money, and with oil pver $80 a barrel FSLR technology seems even more logical. FSLR is the only solar company that uses film based technology in the actually solar panels, which allows the company to be very profitable compared to its peers which uses poly-silicon which is in short supply.

Triggers in the Takeover Targets system. Buy at the open first day of the month. Company has 679.08M in Rev.-- Billionaire hedge fund manager Steven Cohen's SAC Capital Advisors LLC on Tuesday reported a 5% passive stake in National Medical Health Card Systems Inc. (NMHC). As of last Wednesday, SAC Capital beneficially owned 275,500 shares of the Port Washington, N.Y., pharmacy benefit manager, according to a Securities and Exchange Commission filing. SAC Capital reported its new stake on a Schedule 13G, an SEC document for passive investors - those not seeking to change or influence a company's operations. Such filers aren't required to provide a reason for any changes in stake and don't have to disclose any transactions to the SEC