We are looking for coal stocks, including Peabody (BTU US), that we hold in our International Equities Portfolio, to extend their last two weeks’ advance after Trump’s “Big Beautiful Bill” was recently passed, which includes support for the fossil fuel industry.
- I believe the risk/reward towards WHC looks good, targeting a rally towards the $7 area, around 15% higher.
Trade Idea: Buy Whitehaven Coal (WHC) at $6.15 with stops at $5.80 – 5% risk.
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