The coal industry is one of the most under-the-radar ponds to fish in.
Investors write it off because "clean energy" will displace the industry. While this is likely true, we think it will take far longer than most expect.
In the meantime, this extreme mispositioning is our opportunity to profit.
You would have made a fortune if you bought these stocks at the depths of the COVID crash. Far more than if you purchased the hottest "work from home" stock.
These stocks had their best day in years last summer after a major Australian coal mine caught fire and halted production.
While we haven't seen the upside follow-through we anticipated, the setup looks ripe for the bulls to take control.
