Seeking Alpha

Buy the dip in Cloud Peak Energy (CLD -8.1%), Goldman Sachs suggests, as improving coal...

Buy the dip in Cloud Peak Energy (CLD -8.1%), Goldman Sachs suggests, as improving coal fundamentals provide a key medium-term driver. Goldman maintains its Buy rating and would add to positions, seeing spot PRB prices actually improving with physical inventories during the year. Brean Capital goes the other way, cutting shares to Hold from Buy following CLD's Q1 miss and weak guidance.
Comments (1)
  • klausmann
    , contributor
    Comment (1) | Send Message
     
    I am a mining engineer by education.... specifically spent 30 years in various parts of the coal industry including working at a series of surface mines. I worked as a young engineer on one of the earliest PRB mines.

     

    The coal industry is in trouble because of nat gas repricing, the EPA and the Obama administration's hatred if fossil fuels..... I would not invest in any coal company at this time.
    1 May 2013, 09:31 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector