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One trader's very contrarian case to buy coal stocks

Coal stocks have plummeted this year, with the Dow Jones U.S. coal index (Dow Jones Global Indexes: .DJUSCL) falling to all-time lows this week. Alpha Natural Resources (: ANR) filed for bankruptcy on Monday , becoming the fourth large coal company to do so in two years. The sector took another hit when President Barack Obama announced his plan to cut carbon emissions from the power sector 32 ...
Source: CNBC.com | By: Stephanie Yang