Fast Money's Booming Coal Trade
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Created by barrons2
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Date updated:04-09-2008

Coal prices have more then doubled in a year. What's behind this booming trade? Electricity is a big driver of coal demand as well as steel production. In fact some steelmakers have agreed to pay coal producers three times more for coking coal. What is the trade?

symbol name last price % change open
  • +
  • KOL
    Market Vectors Co
  • $22.01
  • -9.54%
  • $22.02

He said the Market Vectors Coal (KOL) ETF is the best way viewers can play coal.

People owning KOL also tend to own: AUYCHUDARECLGRMNNSTRPGH

TheStreet.com Rating: No Rating What is this?

  • +
  • BNI
    Burlingtn N Sante
  • $84.98
  • +2.03%
  • $79.91

Adami recommended railroads on the back of the coal market, because they transport the stuff. He said Burlington Northern Santa Fe (BNI), Union Pacific (UNP) and CSX (CSX) are all good to own.

People owning BNI also tend to own: AIGAKZOYANATAVTRAXPBRK-ACMCSK

TheStreet.com Rating: A- What is this?

  • +
  • UNP
    Union Pacific
  • $61.25
  • -0.91%
  • $59.37

Adami recommended railroads on the back of the coal market, because they transport the stuff. He said Burlington Northern Santa Fe (BNI), Union Pacific (UNP) and CSX (CSX) are all good to own.

People owning UNP also tend to own: AAALLAPCBABACCCAT

TheStreet.com Rating: A+ What is this?

  • +
  • CSX
    C S X Cp
  • $47.72
  • +0.04%
  • $45.51

Adami recommended railroads on the back of the coal market, because they transport the stuff. He said Burlington Northern Santa Fe (BNI), Union Pacific (UNP) and CSX (CSX) are all good to own.

People owning CSX also tend to own: AEPAMPAOCCAGEIXFGNW

TheStreet.com Rating: A What is this?

  • +
  • PCX
    Patriot Coal Corp
  • $18.05
  • -11.56%
  • $19.12

Najarian also recommended Patriot Coal (PCX) Walter Industries (WLT) and Alpha Natural Resources (ANR).

People owning PCX also tend to own: ACHAMZNBRKBBTUCHLCMDELL

TheStreet.com Rating: No Rating What is this?

  • +
  • ANR
    Alpha Natural Res
  • $38.62
  • -8.59%
  • $39.00

Najarian also recommended Patriot Coal (PCX) Walter Industries (WLT) and Alpha Natural Resources (ANR).

People owning ANR also tend to own: AAPLEPGSHDMOPMRIMM

TheStreet.com Rating: B+ What is this?

  • +
  • WLT
    Walter Inds Inc
  • $36.44
  • -0.11%
  • $35.04

Najarian also recommended Patriot Coal (PCX) Walter Industries (WLT) and Alpha Natural Resources (ANR).

People owning WLT also tend to own: AAVABXAADGAMATAQRBGRBXL

TheStreet.com Rating: D What is this?

  • +
  • MTL
    Mechel Oao Ads
  • $11.54
  • -12.44%
  • $11.99

Seymour suggested Mechel (MIT).

People owning MTL also tend to own: ACHGMRNSHPCUPHIPTNRSBGI

TheStreet.com Rating: B What is this?

Portfolio not tracked!

04/13/2008 14:00 PM CDT Asked by beefandy

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