Coal: When Tax Loss Selling is a ‘Better Opportunity Than Hanging On’
September 29, 2014 at 15:50 PM EDT
Should investors be afraid of coal stocks like Arch Coal (ACI), Alpha Natural Resources (ANR) and Peabody Energy (BTU)? Yes, unless they happen to be very long-term investors, says JPMorgan’s John Bridges and team: ASSOCIATED PRESS The coal equities have fallen two-thirds from their 2011 peak as supply has overtaken faltering demand. We remain convinced [...]