TRI Stock of the Day (ACI)
June 3, 2008
Arch Coal, Inc. (aci) hit a new 52-week high today closing at $68.06/share up 4.85%. The St. Louis based company earnings are forecasted to increase 119% in 08′ and 83% in 09′. The stock is trading roughly 10 points above its 50DMA. Arch is up 50% year to date and continues to benefit from the rising demand for coal.
