• Mine Gains With 98-Rated Coal Power Stock!

  • Sep 23 2022
  • Length: 11 mins
  • Podcast

Mine Gains With 98-Rated Coal Power Stock!

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  • Summary

  • Experts traced the first commercial exploration of coal in the U.S. to Virginia in 1701.

    It was (and still is) used as a fuel to generate electric power.

    The heat from burning coal converts water into high-pressure steam.

    This steam drives a turbine to generate electricity.

    In today's episode of The Stock Power Podcast, I share a 98-rated Power Stock that uses coal, but not in the way you might think.

    When you think of uses for coal, electricity comes to mind.

    But not all coal is used just for power.

    Metallurgical coal is a more scarce, special coal that produces coke, the primary carbon source used to make steel.

    This week's Power Stock is a company that produces this special coal used by steel companies around the world:

    • It earns a "Strong Bullish" 98 out of 100 on our Stock Power Ratings system!
    • The company increased quarterly sales by 43.5% in the most recent quarter.
    • Its stock comes with a 1.14% dividend yield.

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