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 (NASDAQOTH:ACIIQ), Alpha Natural Resources (NASDAQOTH:ANRZQ), and Peabody Energy (NYSE:BTU) 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.
Fool contributor Travis Hoium and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.