FuelCell Energy (FCEL) In Bulls Run As The Stock is Up 900% Since October

As far as renewable energy stocks are concerned, it is hard to miss the sort of rally that has been experienced by FuelCell Energy Inc (NASDAQ: FCEL).

FuelCell Energy (FCEL) In Bulls Run As The Stock is Up 900% Since October

Since October, the FuelCell stock has gone on a remarkable and soared by as high as 900% to date. Hence, it is only natural for many investors to wonder if they missed the bus at the rally. In such a situation, it is imperative for investors to take a closer look. First of all, it should be noted that the company issued more stock in order to cash in on the bullishness about its stock. That way the company managed to further fortify its finances but liquidated its stock somewhat.

At this point, the stock seems fully valued but the current United States government’s attitude towards renewable energy provides some optimism. That being said, it could be a better idea to go for the company’s preferred stock in order to generate share capital gains and earn dividends.

Alex Krakowsky

Editor in Chief.Living in the era of dynamic tech change Alex decided to stay tuned in changes that make any person find comfort and adapt to new devices. Furthermore, gaming became his passion for spending leisure time with his close ones. Although, he has a degree in Business Administration (majoring in Finance) writing for technology and as well as finance has been one of the precious aspects of his life