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Originally Posted by cabmandone
Looking at fuel cells, Bloom Energy seems to have made the jump. Haven't looked, but based on their stock price jump, they must be a big player in data centers. Don't know about more upside. Fuel Cell Energy stock is cheap.
Companies that build transmission lines. Quanta Services, Mastec, MYR Group, Michels Power
I'm thinking ETF might be a good way to go to gain exposure to the bigger players.
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BE trading at 10X sales, a valuation that implies sustained very very high growth or extremely high margins. Consensus has sales growing about 20%, which is not very high much less very very. EBITDA margin 12% which is modest. There are other fuel cell companies, none of their stocks are doing anything. So need to figure out why 1) BE has something that other fuel cell companies don’t and can’t have, 2) BE’s growth will accelerate a lot , 3) margins will rise substantially. Or figure out some other reason why it’s priced so high. Or entertain the notion that it’s just a meme name.