Coal Stocks Up As Exports Lead Growth

Coal Stocks, Market Vectors-Coal ETF (NYSEARCA:KOL) were some of the best performers in the S&P 500, according to the Wall Street Journal’s Matt Day today. The industry has often been ignored in recent years as energy related news has centred around high oil prices or low gas prices. Today’s move means stocks in the coal industry should be revalued as the market may have left them undervalued. Fears about coal’s future, both supported and unsupported have abounded in recent years as the industry is besieged by harsh regulations and relatively expensive mining. The stocks have been buoyed by investors who see a future in…