Coal/Steel stocks are back -

[arctan]

Coal Producers Rise On Steel, Electricity Use
By ALAN R. ELLIOTT, INVESTOR'S BUSINESS DAILY
Posted 08/06/2010 06:18 PM ET

The Energy-Coal group posted one of the biggest advances among industries over the past four weeks.

Coal miners are benefiting from two trends. First, recovering demand for electricity in the U.S. is boosting demand for steam coal. Second, China's growth is driving prices for coking coal, also called metallurgical coal.

That spurred the coal group to No. 59 among 197 industry rankings in Friday's IBD.

The coal group includes a handful of high-rated stocks. Most are forming bases, although some are fairly deep.

Closing prices of - RTP CLD PCX MEE X
finance.yahoo.com/q/hp?s=RTP+Historical+Prices
finance.yahoo.com/q/hp?s=CLD+Historical+Prices
finance.yahoo.com/q/hp?s=PCX+Historical+Prices
finance.yahoo.com/q/hp?s=MEE+Historical+Prices
finance.yahoo.com/q/hp?s=X+Historical+Prices


Jun 19, 2008 - PCX hit $164.45
finance.yahoo.com/q/hp?s=PCX&a=05&b=5&c=2008&d=07&e=5&f=2008&g=d

Jun 24, 2008 - X hit $196.00
finance.yahoo.com/q/hp?s=X&a=05&b=12&c=2008&d=05&e=30&f=2008&g=d

May 19, 2008 - X hit $558.65
finance.yahoo.com/q/hp?s=RTP&a=04&b=18&c=2008&d=04&e=25&f=2008&g=d

CLD:
O/S: 31.51M shares
PE:2.81
Revenue: $1.35B ($1,350,000,000)
Employees: 1,529
Profit Margin: 24.95% Means they make $25 on $100 investment.
Revenue/Employee: $900K