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Why Bloom Energy Stock Jumped the Last Day of 2021


Fuel-cell stock Bloom Energy (NYSE: BE) kicked off the last day of 2021 on a solid note, surging 4.9% in the first one hour of trade before losing some ground. Bloom Energy shares were still up about 1.3% as of 2:20 p.m. ET. An analyst's bullish assessment is mainly responsible for the stock's positive end to the year.

In an interview with CNBC on Thursday, analyst Pavel Molchanov from Raymond James picked Bloom Energy as one of his top energy stocks for 2022.

Image source: Bloom Energy.

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Source Fool.com

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