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Is Bloom Energy Stock a Buy?


For some investors, Bloom Energy (NYSE: BE), a leader in the development of fuel cell solutions, is a familiar name in the renewable energy sector. Others, however, may recognize it as a company helping provide relief during the COVID-19 pandemic by refurbishing old ventilators in California.

Shares of the company, like so many others in these unprecedented times, have been on a wild ride in 2020. After soaring more than 21% through January and February, they've since slid more than 12%, leaving investors who are intrigued by the company questioning whether now's a good time to pick up shares.

Image source: Getty Images.

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Source Fool.com

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