The ultimate contrarian investment awaits: coal stocks

Few things in this world are as despised as coal.

• Many investors now hate it because they were wiped out by a spate of recent bankruptcies in the sector.

• Utilities are turning away from coal in favor of natural gas.

• And, above all, coal is enemy No. 1 for environmentalists. Burning it produces carbon, which they believe contributes to global warming.

To add insult to injury, lots of children are perennially reminded they’ll get a lump of coal if they misbehave.

So, naturally, coal seems like a great place to shop for contrarian investment bargains.

>>> Original Source <<<