The Conversation (0)
In an article for Investopedia, Aaron Levitt made a case for investing in coal, suggesting that the demise of the sector may be overstated by some. Among other things, the author noted that the broad index for coal is up in 2014, albeit not being close to all-time highs.
In an article for Investopedia, Aaron Levitt made a case for investing in coal, suggesting that the demise of the sector may be overstated by some. Among other things, the author noted that the broad index for coal is up in 2014, albeit not being close to all-time highs.
As quoted in the publication:
The coal sector has spent much of the last few years suffering at the hands of cheap natural gas and environmental regulation. However, investors shouldn’t count coal out. The sector could be primed for a turnaround sooner than later. That means the time to add coal stocks could be now.