Should You Buy Bloom Energy Stock While It's Around $28?

As artificial intelligence (AI) advances and its applications expand across various sectors, including healthcare, finance, transportation, and manufacturing, the need for reliable energy solutions to power data centers is becoming increasingly urgent. Many companies are actively seeking scalable renewable energy sources to address this challenge and support their growing requirements.This is where Bloom Energy (NYSE: BE) has an opportunity. With its innovative fuel cell technology, it is capable of meeting technology companies' energy needs today -- not five or 10 years down the road.The company recently secured a massive agreement that could foreshadow more significant deals, and the stock has surged by an impressive 149% since November. Recently, though, the stock has fallen by 17% from its 52-week high, and trades below $28 per share as I write this. Is it a buy today?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool