Why Clean Energy Fuels, Westport Fuel Systems, and Energy Fuels Stocks All Popped Again Today
Two days after the stimulus package news broke, renewable energy stocks are still on a tear. As of 11:45 a.m. EST Wednesday, shares of Clean Energy Fuels Corp (NASDAQ: CLNE) are up 9.4%, Westport Fuel Systems (NASDAQ: WPRT) is up 10%, and Energy Fuels (NYSEMKT: UUUU) is exploding 13.5% higher.
What do these three stocks have in common? Well, Clean Energy Fuels supplies compressed and liquefied natural gas as fuel for vehicles, and Westport Fuel Systems designs vehicle engines that run on compressed and liquefied natural gas, so there's an obvious commonality there. Energy Fuels, however, is a miner of uranium for use in nuclear power plants, which is a bit of a different beast.
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Source Fool.com
