Hot Solar Stocks To Buy For 2015

Hot Solar Stocks To Buy For 2015: Peabody Energy Corporation(BTU)

Peabody Energy Corporation engages in the mining of coal. It mines, prepares, and sells thermal coal to electric utilities and metallurgical coal to industrial customers. The company owns interests in 30 coal mining operations located in the United States and Australia, as well as owns joint venture interest in a Venezuela mine. It is also involved in marketing, brokering, and trading coal. In addition, the company develops a mine-mouth coal-fueled generating plant; and Btu Conversion projects that are designed to convert coal to natural gas or transportation fuels; and clean coal technologies. As of December 31, 2011, it had 9 billion tons of proven and probable coal reserves. The company was founded in 1883 and is headquartered in St. Louis, Missouri.

Advisors' Opinion:

• [By Matt Thalman]

  Outside the Dow, we once again saw some big moves lower from the coal stocks. Shares of Peabody Energy (NYSE: BTU  ) fell another 3.26%, while Consol Energy (NYSE: CNX  ) slid another 2.97%. Both companies are big players in mining coal and with the slowing Chinese economy, which is a huge customer for the industry and Obama's recent comments on climate control, the stocks have been bounded. While many experts had been expecting the president to make a stand against coal-fired power plants, a speech he gave on Tuesday was the first time we heard a plan to slow the carbon output caused by burning coal in electric power plants. Obama is aiming to put further restrictions on coal-fired power plants by forcing them to reduce their carbon emissions, a move that most would argue will cost more than it is worth and essentially force utility companies to shut down the plant or convert it to operate on another form of fuel. If his plan goes into effect, the move will surely hurt the coal industry as demand for the resource will take a nosedive.

source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/hot-solar-stocks-to-buy-for-2015-3.html