The Latest Breaking News from FuelCell Energy Inc

FuelCell Energy, Inc spiked over 6% higher at one point on Friday morning on continued bullish momentum 

Even though new technological advancements could keep the industrial sector afloat, not all industrial stocks could benefit from such tailwinds. Moreover, given the existing volatile economic backdrop, is FuelCell Energy (FCEL) a wise investment? Read on to learn more….

Long-term growth in the industrial sector is expected to be boosted by strong demand for industrial goods and supportive government policies. Given the industry’s growth prospects, investing in fundamentally strong industrial stocks Belden (BDC) and LSI Industries (LYTS) could be wise. However, FuelCell Energy (FCEL) might be best avoided now,…

While demand remained steady, the industrial sector is facing increasing headwinds such as inflation, interest rate hikes, and persistent supply chain disruption. Amid this, we believe fundamentally bleak industrial stocks, Plug Power (PLUG) and FuelCell (FCEL), might be best avoided or sold short. Read on.

The green energy industry is expected to grow significantly in the coming years, thanks to sustained demand for renewable energy amid rising climate concerns worldwide, technological advancements, and increasing government and corporate investments. However, input price inflation, supply chain disruptions, and broader market jitters have adversely impacted many fundamentally weak…

Since the Fed’s hawkish monetary policy stance to control the raging inflation is expected to keep the stock market under pressure in the upcoming months, we think it could be wise to avoid fundamentally weak stocks Uber Technologies (UBER), Coinbase Global (COIN), Peloton Interactive (PTON), FuelCell Energy (FCEL), and Marathon…

Despite lingering market headwinds, total industrial production in August increased on a year-over-year basis. Furthermore, lucrative federal investments in infrastructure development are slated to foster rapid growth in the industrial sector. We think investors should add quality industrial stocks Parker-Hannifin (PH), Titan Machinery (TITN), and LSI Industries (LYTS) to their…

FuelCell (FCEL) stock fell over 6% in the last session on the company’s larger-than-expected losses. Also, its top line missed the consensus estimate. So, will it be wise to invest in the stock now? Read on to find out.

FuelCell Energy Inc (NASDAQ:FCEL) price target has been lowered to $3 (a downside of 19%) from $6 by Craig-Hallum analyst Eric Stine. The analyst maintained the Hold rating on the shares. Stine specified that the company reported Q2 results well below expectations, with backlog up modestly on a sequential basis. Related: FuelCell Energy Shares Slide Post…