Thursday, May 28, 2015

10 Best Cheap Stocks To Watch For 2016

10 Best Cheap Stocks To Watch For 2016: Cloud Peak Energy Inc(CLD)

Cloud Peak Energy Inc., through its subsidiaries, engages in coal mining operations in the Powder River Basin of the United States. It produces sub-bituminous steam coal with low sulfur content for electric utilities and industrial customers. The company owns and operates Antelope surface coal mine located to the south of Gillette, Wyoming; the Cordero Rojo surface coal mine located to the south of Gillette, Wyoming; and the Spring Creek surface coal mine located in Montana. It also owns a 50% interest in the Decker surface coal mine located in Montana. As of December 31, 2010, it had approximately 970 million tons of proven and probable reserves. The company was founded in 1993 and is headquartered in Gillette, Wyoming.

Advisors' Opinion:
  • [By Joshua Bondy]

    Not all coal is the same. Utilities can buy relatively clean, low-sulfur Powder River Basin coal fromCloud Peak Energy (NYSE: CLD  ) , or stick to more traditional dirty sources. China and the U.S. are tiring of highly polluting coal, and Cloud Peak Energy is a critical part of the solution.

  • [By Johanna Bennett]

    As for specific stocks, the Goldman analysts issued five ratings changes:

    Upgrade CONSOL Energy to Buy given strong production growth at its E&P segment, improving cash flow from the coal business and potential for asset sales/restructuring to help realize its SOTP value. Downgrade Arch Coal to Sell due to high leverage, peak valuations and low free cash flow levels. Neutral Ratings on Cloud Peal Energy (CLD), Alpha Natural Resources (ANR) and Walt Energy (WLT): Goldman downgrade Cloud to a Neutral given a lower production outlook and a reduced PRB price forecast. The firm upgraded Alpha and Walt to Neutral from Sell, predicting that met coal prices have bottomed.

    Arch Coal has fallen 5.7% to day to $4.26, followed by Cloud Pearl, down 3.4% to $14.68, and a 3% drop by Walt Energy to! $14.10. Alpha Natural dropped 2.8% to $6.10. And CONSOL fell 0.9% to $33.46.

  • [By Dimitra DeFotis]

    Consol Energy (CNX), which also produces natural gas, was up more than 3%, as was Cloud Peak Energy (CLD).

    The Moody’s press release, here. Coal insiders were active earlier this year, we noted here.

  • [By Ben Levisohn]

    JPMorgan’s John Bridges and team think it’s time for investors to start looking for entry points in quality coal miners like Cloud Peak Energy (CLD), Consol Energy (CNX) and Peabody Energy (BTU). They explain why:

  • source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/10-best-cheap-stocks-to-watch-for-2016.html

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