Is Bloom Energy Stock a Buy?
Bloom Energy (NYSE: BE) is a story stock. The story is very interesting, but in order to justify buying the stock, you have to really believe the story. All other investors will probably be better off waiting for the company to hit one key milestone before even considering it. Here's a look at why you might want to buy Bloom Energy, and why most investors won't.
Bloom Energy essentially makes two products, the Bloom Energy Server and the Bloom Electrolyzer. The Bloom Energy Server is a flexible fuel cell that can be powered with biogas, hydrogen, natural gas, or a blend of fuels. It is modular, so it can be implemented at varying scales. And it is modest in size, so it is relatively easy to install and move around, if needed.
The company pitches its product as a microgrid that can be run anywhere and that can remain operational even when more traditional power sources fail. The Bloom Energy Electrolyzer produces hydrogen using electricity and can help companies reduce their emission profile by converting their dirty emissions into hydrogen. It is a newer technology and is less developed than the company's energy server offering.
Source Fool.com
