NEW YORK (TheStreet) -- The coal sector has taken a beating. Market Vectors Coal (KOL), the main coal exchange traded fund, and Peabody Energy (BTU), the largest publicly traded coal company, are down nearly 5% and 15% respectively for 2014. That is after a barrage of bearish news, ranging from the "war on coal" waged by the Obama Administration to Stanford University divesting from the industry.
Three recent developments, however, should have investors taking a long-term bullish position on coal securities.
First, coal continues to be a very attractive energy source based on price.
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