Does MM still like coal stocks?
Hi James Coal stocks have had a rocky start to the year. Are MM still bullish, in particular WHC into the latter part of the year, or has the thesis changed? Many thanks Alex
The Latest Q&A
Answer
Hi Alex,
We’re still bullish but have a fairly low weighting (~3%) to WHC given its volatility. One of the many great features of the Market Matters Website is that it always shows our current view on a stock and how that has evolved over time. We’d encourage all subscribers to login to the site, look around, and see the many features that it offers. The example of Whitehaven Coal is here. If you do not have your login details handy, simply use the email address that is associated with your account (the one that gets this email) and hit the forgotten password link – you’ll can set a new one there.
We actually discussed the Coal Sector in Friday “What Matters Today Report” – we are still considering increasing our WHC position from 3% to 4% into weakness under $8.
