We scoured the nation to identify the best stock in every state. Cloud Peak Energy (symbol CLD) is the publicly traded company we picked in Wyoming. The company headquarters is located in Gillette.
A word of caution: Since we selected a single stock from each state (plus one from D.C), and choices in some states are sparse, a few of our picks are best suited to investors comfortable with a higher degree of risk. This is not necessarily one of our 51 favorite stocks in the entire U.S., in other words.
Cloud Peak Energy by the Numbers
- Headquarters: Gillette
- Share price: $3.01
- Market value: $226 million
- Price-earnings ratio: NA
(Prices and data are as of June 22, 2017)
From just $107.88 $24.99 for Kiplinger Personal Finance
Be a smarter, better informed investor.
Sign up for Kiplinger’s Free Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
The pickings for public companies in Wyoming are slim. Cloud Peak is the biggest, even though the stock qualifies as a “penny stock,” trading at $3 a share. Still, it might pay off for contrarian investors willing to take a shot on a coal company. Cloud Peak produces coal in the Powder River Basin, operating three mines in Wyoming and Montana. Ryan Thibodeaux, comanager of the Goodwood SMID Long/Short fund, which owns the stock, concedes that coal stocks are a tough sell, given the expected long-term decline in the use of coal for generating electricity as utilities turn to cheaper natural gas. Natural gas prices, however, have been on the rise since late 2016, causing utilities to draw down coal inventories, implying increased future demand, says Thibodeaux. He thinks Cloud Peak is worth $10 a share. Analysts at Stifel rate the stock a “buy” with a 12-month price target of $7.25.
-
The Most Tax-Friendly States for Investing in 2025 (Hint: There Are Two)State Taxes Living in one of these places could lower your 2025 investment taxes — especially if you invest in real estate.
-
Want To Retire at 55? See If You Can Answer These Five QuestionsWho said you can’t retire at 55? If you say yes to these questions, you may be on your way to an early retirement.
-
If You'd Put $1,000 Into Sherwin-Williams Stock 20 Years Ago, Here's What You'd Have TodaySherwin-Williams stock has clobbered the broader market by a wide margin for a long time.
-
If You'd Put $1,000 Into UnitedHealth Group Stock 20 Years Ago, Here's What You'd Have TodayUNH stock was a massive market beater for ages — until it wasn't.
-
If You'd Put $1,000 Into Berkshire Hathaway Stock 20 Years Ago, Here's What You'd Have TodayBerkshire Hathaway is a long-time market beater, but the easy money in BRK.B has already been made.
-
If You'd Put $1,000 Into Procter & Gamble Stock 20 Years Ago, Here's What You'd Have TodayProcter & Gamble stock is a dependable dividend grower, but a disappointing long-term holding.
-
My Three-Day Rule for Investing: And If it Applies NowStock Market I've seen a lot in my career. Here's what I see now in the stock market.
-
Is It Time to Invest in Europe?Stock Market Europe is being shaken out of its lethargy, militarily and otherwise, by Donald Trump's changes in U.S. policy. Should investors start buying?
-
Why Is Warren Buffett Selling So Much Stock?Berkshire Hathaway is dumping equities, hoarding cash and making market participants nervous.
-
If You'd Put $1,000 Into Google Stock 20 Years Ago, Here's What You'd Have TodayGoogle parent Alphabet has been a market-beating machine for ages.
