Think of the companies you own as athletes, and the global financial crisis as a sort of megatriathlon. Now would be a great time to discover whether your stocks are natural-born runners or injured couch potatoes.
Within the coal sector, global leader Peabody Energy
Powder River Basin coal from the western U.S. is the cheap stuff, currently fetching about $13 per ton on the spot market compared to more than $80 for the higher-quality Appalachian varieties. Peabody Energy, Arch Coal
For rail companies like Burlington Northern Santa Fe
Without question, the drop-off in global steel demand has been dramatic in the near-term, making an Australian met coal production cut only prudent. However, a growing number of signs from companies like POSCO
I agree, and continue to view this Fool's king of coal as a well-honed athlete.
Further Foolishness:
- Peabody has its foot in China's door.
- The domestic landscape for coal.
- China's stimulus plan is very real.