I’ve dedicated most of my career to mining, energy sources, commodities… the list goes on. I’ve been an analyst, a trader, an adviser… you name it.
As we head into the Global Energy Crisis and a potentially rough winter, I get the chance to showcase all of that experience and knowledge to you. And yeah, we should be a little worried about the aforementioned crisis… but we should also be excited because it, among other things, sets us up in the best coal mining stock off our watchlist.
I’ve been talking about coal nonstop lately.
As I mentioned Monday, prices in the energy source are skyrocketing — up 321% from this time a year ago.
So why not take advantage of that opportunity?
The Best Coal Mining Stock
Keep in mind our motto with all of these picks. Sell on green, buy on red. If prices are up, take some profits, if they’re down, pick up a little.
For reference, here’s a snapshot of our watchlist Wednesday morning:
Source: Bloomberg
That’s especially true in the case of this week’s free trade alert…
This coal mining stock has been sitting on our watchlist for a couple of weeks, and it’s time to go for it. Ladies and gentlemen, Peabody Energy Corp. (NYSE: BTU).
If you already own some, it was up BIG on Monday and you should have been selling. Tuesday and Wednesday, it was down… And you darn sure should have picked up some more.
In case you forgot, Peabody Energy is a coal company that produces thermal coal in many regions of the U.S., and metallurgical coal in Australia. Its total revenue in 2020 was $2.8 billion. But this year? Both types of coal have gone vertical in price.
Peabody produces over 100 million tons of coal at a little over $10 per ton. If all of that coal got sold at this price… the best coal mining stock would yield $2 billion in profits alone!
So why now, you ask? Well, this article is why.
The Chinese government told its mines to produce as much coal as possible. As winter approaches, the country also faces an ongoing energy crunch… dare I say, a crisis? After weeks of power shortages across several provinces, China’s demand for coal is exploding.
And that demand will drive prices even higher.
On top of that, the country is not new to importing coal either. And if coal prices continue to climb, and we buy on red…
That’s the best coal mining stock in play. So go get ’em.
And if you want some more ways to capitalize on the Global Energy Crisis that’s coming, I’m gearing up to unveil something big in my Fortune Research Pro service.
Come check it out.
All the best,
Matt Warder
Fortune Research
