Peabody Energy Corp (NYSE:BTU)
A private-sector coal company which conducts its business through four principal operating segments: Western U.S. Mining, Eastern U.S. Mining, Australian Mining, and Trading and Brokerage.
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Energy stocks have momentum right now. Especially oil alternatives. As the US finally begins to realize the negative impacts Ethanol has on related to the cost of putting food on the table, we will re-consider coal as the future energy play. Coal energy transformation seriously pollutes our air, but the reserves are plenty. Specific to Peabody, the stock is known to be extremely volatile. Given the current market I could see it bounce between 3-4% almost everyday. But over the next few months it will outperform the S&P. The latest analyst recommendation on this stock was also BUY moving its overall analyst recommendation to "Overweight"
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its a good bet
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6 to 1
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Energy is very important now.
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This stock continues to outperform the S&P. We will continue to need energy.
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Energy related stocks will continue to do well in today's business environments.
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The fluctuation in prices.
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This is the pure coal play. As gas prices rise and oil gets less abundant then coal will be the only answer for our energy needs.
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The fluxuation in the prices.
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comodities
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Can't get enough energy? Coal will always be there.
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tagging as Kramer call
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coal is cheap and here
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Power Lunch Recommendation
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Now that the Chinese stock market is in tune again with New York and that it is going down, oil and metals won't be able to keep moving higher.
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major coal company, exporting coal to Europe and China in time of lower dollar
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Target of $112 by Dec 2008.
Expected increase of 72 to 92%
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