2 High Dividend Coal Mining Stocks Being Accumulated By World's Largest Money Managers
By Ganaxi Small Cap Movers:The average coal mining stock, as represented by the Market Vectors® Coal ETF (KOL), is flat YTD after a crippling 33% loss in 2011. The group has been hammered over falling demand due to both the weak global economy as well as competition from cheap natural gas and renewable fuels as a source fuel for electricity generation by utilities. However, the group is cyclical, and as counter-intuitive as it may seem, often the best time to invest in such groups is on a contrarian basis. In other words, as bad as the news is, much of that is most likely baked into the prices of coal mining stocks, and the risk given the recent steep fall in the group may be to the upside if any of the negatives cited above reverse themselves, even to a measured degree.In this article, via an analysis based on the latest available Q4Complete Story »
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