Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Here's Why Bloom Energy, FuelCell Energy, and Plug Power Rocketed Up as Much as 86% in January

TheMotleyFool

0 0

Here's Why Bloom Energy, FuelCell Energy, and Plug Power Rocketed Up as Much as 86% in January

Fuel cell stocks as a group provided investors with some of the market's best performances last year. For example, Bloom Energy (NYSE: BE) soared 284% while shares of FuelCell Energy (NASDAQ: FCEL) shot up 345% and Plug Power (NASDAQ: PLUG)gained 973%.

The upward trajectories of these stocks have hardly slowed in the new year. In January, Bloom Energy rose 22% while FuelCell Energy and Plug Power both climbed by 86%. Investors unfamiliar with these names might initially suspect that their recent climbs were related to Reddit. That wasn't the case, though -- there were a number of more rational factors in play.

Image source: Getty Images.

Source Fool.com

Like: 0

PLUG

Share