If I would have told you to invest in coal at the begining of 2023 , you would probably have thought I had miss the new Millennium .
You would not have been alone in that assessment , even the coal companies agreed .
Big Companies like Alpha Coal changed their names . Just one of many that did the same .
Alpha Metallurgical Resources sound so much better . But you know what was even better ?
Alpha took the cash from the Met coal and paid down all of their debt and started aggressively buying back stock .
Year to Date $ARM is up 66% . Still at P/E 4 and paying a dividend .
A Metallurgical Resource company for me !