The Simple Reason Why I Won't Buy Clean Energy Fuels Corp. Stock
A few years ago, Clean Energy Fuels Corp (NASDAQ: CLNE) was leading the charge of alternative fuels, pushing natural gas as a cheaper, cleaner fuel source than gasoline or diesel. Particularly for large trucks, natural gas could provide cost savings for customers and allow for a cleaner, domestic energy source for the industry. The biggest challenge was building out the fueling infrastructure, which is where Clean Energy Fuels came in.
But the transition to natural gas never quite became a reality and with batter costs falling, the opportunity may have passed Clean Energy Fuels by.
Image source: Getty Images.
Source: Fool.com
Clean Energy Fuels Corp. Stock
€2.50
3.800%
Our community is currently high on Clean Energy Fuels Corp. with 5 Buy predictions and 2 Sell predictions.
As a result the target price of 5 € shows a very positive potential of 99.76% compared to the current price of 2.5 € for Clean Energy Fuels Corp..
