BEIJING ( TheStreet) -- China is the largest consumer of coal in the world, both in terms of power generation and in terms of supplying coal to the coking industry for making steel. Despite all the progress being made in clean tech areas, such as solar and wind, coal is and will continue to be the predominant source of energy in China for the foreseeable future.The economic and stock market rebound over the past year has translated directly into massive gains in the coal industry. Continued growth in China over the coming years makes coal an attractive investment opportunity. Currently the three best ways to play coal in China are Yanzhou Coal (YZC), Puda Coal (PUDA) and, the best in my opinion, Sino Clean Energy (SCLX.OB).
Top China Coal Stocks to Buy Now
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.