Every day, the sun rises on Wall Street, and a plethora of professional analysts wake to issue new opinions on stocks. Here at the Fool, we use our "This Just In" column to help individuals make better investing decisions by examining some of these picks and the track records of the firms behind them.

In addition to following professional banks, anyone can use Motley Fool CAPS to monitor the collective opinions of more than 130,000 members, many of whom demonstrate better investing insight than published analysts do.

Enough top-performing CAPS members have recently turned bullish on China Petroleum & Chemical (NYSE:SNP), or Sinopec, to upgrade it from its long-held four-star rank to a more formidable five stars. A total of 1,055 members have given their opinion on China Petroleum & Chemical, with many of them offering analysis and commentary explaining the recent optimism.

Sinopec is the world's No. 2 refiner after ExxonMobil (NYSE:XOM), and Asia's No. 2 oil and gas producer behind PetroChina (NYSE:PTR). The company almost doubled profits in its recently completed fourth quarter, but it suffered a drop in annual profits. Lower crude prices in the fourth quarter helped boost refining margins significantly, similar to how refining segments have helped results from Exxon, Chevron (NYSE:CVX), and Marathon Oil (NYSE:MRO). And as China recently increased fuel prices, Sinopec predicts higher margins and more than a 50% rise in first-quarter income over last year.

The quick reversal of crude prices last year has the company hungry for some bargain overseas acquisitions in its exploration and production business, particularly in South America and Africa. And big offshore discoveries in Brazil by Petrobras (NYSE:PBR) -- which have deepwater drillers such as Transocean (NYSE:RIG) licking their chops -- will help supply Sinopec with crude to meet Chinese demand. The company is also looking forward to growth in its chemicals division this year to meet big domestic demand and short supply. It all adds up to lots of opportunity for the Chinese oil giant.

To see what the very best CAPS analysts are saying now about China Petroleum & Chemical -- as well as other winning stocks they are picking -- head on over to CAPS and have a look. The community research and resources in CAPS are totally free (unlike analyst opinions reserved for paying clients) and your opinions are more than welcome.

More Foolishness:

Fool contributor Dave Mock recently upgraded his ride with a new air freshener -- vanilla fantasia, if you must know. He owns shares of ExxonMobil. Petroleo Brasileiro is a Motley Fool Income Investor selection. The Fool's disclosure policy enjoyed the usual frivolity in college, including swallowing goldfish, cramming into a phone booth, and streaking across the quad.