China Growth Stocks

[Shengli]

Puda: Best of Coal Stocks

http://stocksandsectors.com/puda-best-of-coal-stocks/

Coal has been on a run, spiking up with oil, since both are used to produce energy. Demand for coal has been hot, especially from China, the world’s fastest growing economy and India, the world’s second fastest growing economy. Although China is trying to reduce its pollution by investing in green energy, its demand for coal likely won’t slow anytime soon. China still lacks the technology to massively produce green energy, and coal power plants are still by far much cheaper than any green power plant. And as oil continues to climb, coal will always be an alternative. Thus, China will still favor coal to meet its energy needs. India and other emerging markets such as Singapore and Malaysia are no exception to this, either. Coal will be in heavy demand in the developing world.
Coal may have less importance as an energy source in the developing world. Already, the percentage of total energy produced from coal has been declining. But coal is also needed for steel making. And steel, once thought to be a dying industry, will not go away. Buildings, bridges, cars, airplanes and ships all need steel. Thus, coal, believed by some to be a dying industry, may prove critics wrong again.
Below is a list of some coal miners attracting attention and statistics from Yahoo Finance.