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Natural Resource Partners LP Message Board

  • jrad52 jrad52 Dec 30, 2013 9:36 AM Flag

    Value Line

    I stopped using Value Line some years back, but I read the current issue this morning and was surprised to see that it ranked several coal mining companies highly. Value Line's ranking are based on momentum investing, giving higher ranks to stocks with higher relative pricing and positive earnings surprises, among other factors. I checked some back issues and VL has raised its ranking on the coal industry starting with its October 18 issue. Currently, the industry is ranked 8 out of 97 industries that the service follows. They particularly like ANR, ARLP, ACI, RNO (which really puzzles me) and NRP. Of these, only RNO has an above-average ranking for technicals; all the others have average rankings in that area. And none of them have above-average rankings for safety.

    I read VL's industry profile report and it had absolutely nothing good to say about the coal miners, which usually means that the high overall ranking is based purely on stock price momentum.

    I doubt this means very much; VL stopped being a reliable predictor years ago for anything other than the direction of the overall stock market. Its subscriptions have tanked, so its opinions mean very little to investors. I only point it out because I found it so surprising. BTW, at the same time that VL started ranking coal miners more highly, it also did the same with the gold miners. FWIW.

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    • I do like any good plug from any source that NRP gets. Doesn't seem to help. Have had good comments recently from Forbes, The Street and Motley Fools. NRP shares continue to trade near a 12 monthly low.. Need good fundamental news. I see none in sight.

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