We recently published Jim Cramer Shared Latest Take On Mega Quantum Computing Investment & Discussed These 13 Stocks.
Bloom Energy Corporation (NYSE:BE) is one of the stocks discussed by Jim Cramer
Bloom Energy Corporation (NYSE:BE) develops fuel cell technology to convert fuels such as natural gas into energy without combustion. The shares are up by a whopping 1,470% over the past year and by 214% year-to-date. Daiwa made a major upgrade to Bloom Energy Corporation (NYSE:BE)’s shares on May 22nd as it bumped the rating to Outperform from Hold and a $324 share price target.
The financial firm discussed the energy company’s orders, capacity and margins as it remarked that it was seeing an inflection across these metrics. Cramer commented on Bloom Energy Corporation (NYSE:BE) after data center firm Nebius announced a deal with the firm: “Very important, and Nebius remember, is a partner with Jensen. Bloom is so good, that’s great, clean energy.