Bloom Energy Has More Room to Run Amid the AI Supercycle, and Its S&P 500 Inclusion Could Add to the Momentum
The catalysts that have strengthened Bloom Energy's rally are about to get a lot stronger.
Overview
Bloom Energy's (NYSE: BE) recent rally got another boost Tuesday after it was announced that the renewable energy company would be added to the S&P 500 on Sept 21. That bounce was part of an extended surge that has tripled the stock's price year to date, but given the state of the AI supercycle, it's possible that its upward run is not yet near its conclusion.
With more people hearing about Bloom Energy thanks to its pending S&P 500 inclusion, here's what investors should know.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.