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Peabody Energy Corp. Message Board

  • vinny_950 vinny_950 Mar 27, 2012 1:30 PM Flag

    This is the Exxon Mobil of coal": laughable. Crammer said just one year ago

    Cramer gave viewers six ways to play the coal supercycle. He prefers coal producers on the East Coast of the U.S. rather than the West Coast, because the latter companies with exposure to the Powder River Basin are more landlocked and lack the same export capability as their East Coast peers. There are two primary uses for coal: thermal, for heating, and metallurgical, for making steel. Cramer likes companies that have exposure to both kinds of coal.

    1. Peabody (BTU) is Cramer's favorite coal stock, even at its 52-week high. "This is the Exxon Mobil of coal" and has the best exposure to Asia with its mines in Australia.

    2. Walter Energy (WLT) is Cramer's top metallurgical coal pick, and has fallen 10 points in the last two weeks. The stock is a buy.

    3. Alpha Natural Resources (ANR) is a play on both metallurgical and thermal coal and announced in January the acquisition of Massey Energy (MEE). The merger will make Alpha the third largest metallurgical coal company. The stock has dropped to $55 from its January high of $67, and while it is up from its low of $50, Cramer would buy.

    http://seekingalpha.com/article/258917-cramer-s-mad-money-6-ways-to-play-the-coal-supercycle-3-17-11

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