Investing in Coal? Follow What Companies Do, Not What They Say
So when is this coal turnaround expected to happen? If you were to listen to management of coal companies during presentations and conference calls, it will happen relatively soon. If you were to look at the actions that management is taking, though, the time until this turnaround happens seems much further down the road.
Alpha Natural Resources , Arch Coal , and Alliance Natural Resources are all shuttering mines, stopping the sales of certain coals, and idling as much equipment as possible. All of these moves give the appearance that the slowdown in coal may be longer than many would like. Tune into the video below to learn more about what each company is doing, and how investors should look at coal in the future.
Don't wait for coal's turnaround; this company is a must have before 2014
The market stormed out to huge gains across 2013, leaving investors on the sidelines burned. However, opportunistic investors can still find huge winners. The Motley Fool's chief investment officer has just handpicked one such opportunity in our new report: "The Motley Fool's Top Stock for 2014." To find out which stock it is and read our in-depth report, simply click here. It's free!
The article Investing in Coal? Follow What Companies Do, Not What They Say originally appeared on Fool.com.Fool contributor Tyler Crowe has no position in any stocks mentioned. You can follow him at Fool.com under the handle TMFDirtyBird, on Google +, or on Twitter @TylerCroweFool. The Motley Fool recommends Alliance Resource Partners, L.P. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.