FuelCell Energy (FCEL) Stock Rockets As Adoption Climbs
This is something that I’m expecting to see in comments and in emails, so, let’s address it up front. The truth of the matter is that none of this news did come from FCEL. However, it has everything to do with the stock.
The bottom line is that FuelCell Energy is one of the companies that is on the leading edge of innovation in fuel cell technologies. So, as we see large investors snapping up big percentages of fuel cell companies, these moves insinuate that FCEL may be buiding into a great takeover opportunity for some of these larger suitors.
Moreover, both, governments and large commercial energies are investing time and energy into innovation surrounding hydrogen-to-energy technology. Demand is rising in regions around the world. Sure, FCEL isn’t one of the companies that is working in Idaho to help the nuclear fuel industry survive through an energy renaissance nor is the company working on the train in China.