Is Bloom Energy a Buy, Hold, or Sell After Its 1,920% Run?
This green energy play will profit from the AI boom.
Overview
Bloom Energy (NYSE: BE), which went public in 2018, didn't impress too many investors during its first six years on the market. Its solid oxide fuel cells (SOFCs) were considered a niche green energy technology, its revenue growth was lumpy, and it was consistently unprofitable.
But over the past two years, Bloom's stock soared about 1,920%. Let's review the catalysts that sparked that rally, and if it's smarter to buy, hold, or sell its high-flying stock.
Image source: Getty Images.
Details
Source
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.