Top Coal Stocks are MEE, ACI, ANR

Massey Energy Company (NYSE:MEE) climbed up 1.05% over its previous day’s price and now trades at $42.45 on a massive volume of 3.43 million shares.  The stock has a 52-week range of $9.62-$51.24. Citi upgrades the stock from Sell to Hold. The firm also raises its price target from $35 to $42.   Massey Energy Company (Massey) produces, processes and sells bituminous coal of steam and metallurgical grades, primarily of a low sulfur content, through its 23 processing and shipping centers, called Resource Groups, many of which receive coal from multiple coal mines.

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Arch Coal, Inc. (NYSE:ACI) jumped 3.16% to $22.16 on a massive volume of 2.35 million shares. The stock has a 52-week range of $11.77-$28.34. Stifel Nicolaus upgrades the stock from Hold to Buy. Arch Coal, Inc. is a coal producer in the United States. The Company has three business segments: the Powder River Basin, the Western Bituminous region and the Central Appalachia region.

Alpha Natural Resources, Inc. (NYSE:ANR) is amongst the top gainer in the early few hours. The stock has spurted 1.38% and is trading at $43.29 with a volume of 1.04 million shares. The stock has a 52-week range of $15.05-$53.34. Alpha Natural Resources, Inc., formerly Foundation Coal Holdings, Inc., is a coal producer in the United States. It operates a group of 12 individual coal mines located in Wyoming, Pennsylvania and West Virginia. During the year ended December 31, 2008, it sold 70.9 million tons of coal, including 69.3 million tons that were produced and processed at its operations.

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