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CNX: 4 Coal Stocks to Avoid After China Signals Intervention

CNX Resources Corporation(NYSE:CNX): The prospects for coal, a major pollutant, are not good amid increasing global momentum toward a decarbonized future world. Several nations have already set goals to phase-out coal. And recently, China’s intervention to temper rising coal prices has caused coal futures to fall sharply. Hence, we think it could be wise to now avoid weak coal stocks of CNX Resources (CNX), Peabody Energy (BTU), Arch Resources (ARCH), and Warrior Met Coal (HCC). Lets discuss.
Peabody Energy Arch Resources Warrior Met Coal Nyse Cnx Cnx Resources Corporation

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