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Stockchase Opinions

Jim Cramer - Mad MoneyBloom EnergyBEDON'T BUYNov 04, 2020

Too dicey. It's way too speculative.
$13.80

Stock price when the opinion was issued

$263.45

As of Oct 13, 2026. Market Open.

Energy
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BUY ON WEAKNESS

They've thrived from the data centre rally this year, supplying much-needed (clean, quiet) energy to them. BE is up 21% this year and nearly 2000% over 3 years. They spent years developing the technology to cover fossil fuels or hydrogen into electricity without burning them. They have all the major American hyperscalers buying from them. Brookfield Corp. (which he likes) struck a financing deal with BE last year and expanded it this year. BE crushed the numbers last July with big beats top and bottom lines. Demand is so strong that BE plans to double revenues in a single year. They raised their full-year revenue forecast a lot. But it trades at a high 56x 2027 PE, but it deserves it due to the growth rate.

STRONG BUY

A great buy. Tremendous upside. The first into the Harper Basin, now the majors are coming in, finding huge fields. Potentially huge upside. Partners with Total, one of the largest energy companies in the world and one of the exploration leaders in offshore West Africa.

Right now it's a project, so price will bounce around a bit.

BUY
Sell some oil stocks, because how long can oil prices stay high, to buy Bloom Energy?

Good idea. Likes it. They sell non-combustible fuel which is friendlier to the environment

BUY

There's huge demand from data centres for their non-combustible power.

BUY

The fuel cells needed for data centres are in short supply, and those cells don't burn dirty. Shares soared 27% today.

DON'T BUY

They don't make money.

PARTIAL SELL
They made a really nice move, but take some money off the table. Don't get greedy. This sector, fuel cells, is very wild.