Opinions The Weekly Buzzing Stocks by Billy Kawasaki
Alpha Metallurgical ResourcesAMRTOP PICKMay 16, 2024
$288.88
Stock price when the opinion was issued
$163.85
As of Jun 26, 2026. Market Open.
Energy
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Premium contentTOP PICK
Stockchase Research Editor: Michael O'Reilly
AMR operates 19 mines in the US Virginias, where the coal produced is used for steel production. Despite challenges within the economy, management believes production will finish on the higher end of guidance. The company is building cash reserves, while aggressively buying back shares and retiring debt. It trades at 6x earnings, 1.6x book and supports a 28% ROE. We recommend setting a stop-loss at $140, looking to achieve $264 -- upside of 28%. Yield 0.5%
(Analysts’ price target is $332.00)
Transportation
DON'T BUY
Alpha metallurgical resources (nyse: amr) is a tennessee-based mining company with operations across virginia and west virginia. with customers across the globe, high-quality reserves and significant port capacity, alpha reliably supplies metallurgical products to the steel industry. alpha metallurgical resources is committed to operating safely, efficiently, and responsibly, with customer service second-to-none and an ongoing focus on continuous improvement. Social media mentions are up 300% in the past 24h.