Interested in the clean energy revolution? Bloom Energy is a company making waves on Wall Street, as it emerged as a rare clean-energy “unicorn.” Bloom's technology involves using solid oxide fuel cells that are used in stationary power-generation servers. The servers convert natural gas or biogas into electricity through an electrochemical reaction, which results in lower emissions.
On their website, Bloom Energy says that each on-site server, with a footprint of half the size of a shipping container, can provide around 250 kilowatts of power to its customers, or enough to power 160 average U.S. homes. That is more space-efficient than other forms of alternative energy, and unlike solar and wind power, the servers provide a constant source of electricity.
So, is the Bloom Energy stock a buy? The company appears on a solid growth trajectory, as it listed total revenue of $169 million, compared with $72 million in the year-ago period. First-quarter net losses attributable to shareholders reached $18 million, or $1.14 a share, compared with losses of $60 million, or $3.91 a share, in the first quarter of 2017.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Category Technology
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MFs / NAME | Price $ | Chg $ | Chg % |
HSCYX | 22.94 | 0.28 | +1.24% |
Hartford Small Company Y | |||
CGVYX | 19.85 | 0.20 | +1.02% |
American Funds Global Insight 529-A | |||
USRTX | 25.85 | 0.21 | +0.82% |
Horizon U.S. Defensive Equity Advisor | |||
ABCRX | 20.27 | 0.13 | +0.66% |
American Beacon The London Co Inc Eq R6 | |||
AGCIX | 8.78 | N/A | N/A |
abrdn Global Abs Rt Strats Instl |
A.I.dvisor indicates that over the last year, ALTEX has been closely correlated with FSELX. These tickers have moved in lockstep 74% of the time. This A.I.-generated data suggests there is a high statistical probability that if ALTEX jumps, then FSELX could also see price increases.
Ticker / NAME | Correlation To ALTEX | 1D Price Change % | ||
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ALTEX | 100% | +1.84% | ||
FSELX - ALTEX | 74% Closely correlated | +3.10% | ||
SCMIX - ALTEX | 74% Closely correlated | +1.12% | ||
VITAX - ALTEX | 73% Closely correlated | +1.04% | ||
CCOYX - ALTEX | 70% Closely correlated | +1.11% | ||
CCIZX - ALTEX | 69% Closely correlated | +1.11% | ||
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