From Notable Calls:
...Notablecalls: This is a pretty powerful call, ladies and gentlemen. Peabody has lagged peers recently due in large part to the performance of its Australian operations. Now Morgan Stanley says things are about to get better there & that the stock will catch up with peers.
This call is worth 1-3 pts of upside in the stock....MORE
Some of our previous posts on Peabody:
Renewable Energy ETF Still Trailing Big Coal (BTU,PBW)
Old Energy Beating Clean Energy To Smithereens (PBW; XOP)
My first thought on seeing the headline was maybe it's time to go 130% net long of the alt energy. My second thought was 150%. We've posted on the underperformance, see below.It's Electric, It's Dirty, It's Coal: Goldman Downgrades Sector Again (ACI; BTU; CNX; FCL;
The first half of the headline is from Julie at WallStrip.Stocks are Smarter than Analysts (and Money Managers, Pundits, Brokers et. al) (ACI; BTU CNX)
Peabody Energy Names Jie Li Vice President of Business Development for Its China Office (BTU)
I would not be surprised to wake up one day to find that China Investment Corp. had made a bid for BTU.
Moral Judgment On 'Sin Stocks' Means Higher Returns For Vice-Friendly Investors