i have a ?: What coal stocks would be safe to buy under any political administration?
Which coal stocks won’t really be influenced whether a Rep. or a Dem. takes the White House?
Answers and Views:
Answer by thomas p
I would go with Peabody because they have operations in Australia that are designed to sell to China. You should get the stock cheaper if Obama wins because his administration is dedicated to abolishing coal as an energy source. In spite of 75 of electrical power generation in the U.S. coming from coal. Plus no Obama people feel nuclear is not appropriate for the U.S.
Obama can’t get rid of electricity and coal is what will be used by the rest of the world with or without our lights on. Yes, BTU is the best of breed in the coal biz.
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