Coal stocks have been bludgeoned again this week, after President Obama gave little indication he was going to give the industry leeway in new environmental regulations. Arch Coal (NYSE: ACI), Alpha Natural Resources (NYSE: ANR), and Peabody Energy (BTU +0.00%) are all facing long-term challenges finding demand for thermal coal, and they're not dissipating any time soon. In the following video, Fool contributor Travis Hoium covers why he thinks coal stocks are a bad buy.
The long-term trends are working against coal companies.
About the Author
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.