We hate to spoil the surprise, but the answer, as clearly shown by the first blue bar on the chart below, is Energy, and specifically the ridiculous valuation that energy companies are currently trading at. Why? Because as the following Factset chart shows, the forward P/E of the energy sector is currently 27x – an all time high – and […]
There are no stock-market bubbles on the planet Vulcan.There are no financial panics or day traders, either. There are no hedge funds. There are no subprime crises. Bankers do not expect a bailout if they lend money to people who cannot afford to pay it back.The reason? Simple. Such things would be … completely illogical.And when it comes to money, […]
L&L Energy Inc. (LLEN), a US-based coal producer, has seen phenomenal growth despite the challenging environment for American coal producers in the past two years. Year-to-date, LLEN shares have gained more than 41%, while hordes of American coal producers got hammered. But this is not the end of the LLEN play – this stock has a lot more firepower left […]
