This Energy Stock Helped Patient Investors Get Rich. Here's Why I Recently Bought It.
Bloom Energy's share price has surged over the past year.
Overview
If you invested $10,000 into Bloom Energy (NYSE:BE) at its IPO in 2018, that investment would have gone virtually nowhere for the first seven years. That's not to say it was a smooth ride. At one point, your investment would have been down to less than $2,500, while at the peak it would have been worth nearly $17,500.
However, if you had been patient and held on, that perseverance would have paid off big time over the last 18 months or so. Shares of Bloom Energy have rocketed more than 700% since mid-2025, growing that original $10,000 IPO investment into more than $110,000. Despite that recent surge, I have been buying shares of the top hydrogen stock. Here's why I still think it's a good buy right now.
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Originally published at www.fool.com.