Stockchase Opinions

Jim Cramer - Mad MoneyBloom EnergyBEDON'T BUYJun 10, 2024

They don't make money.

$15.13

Stock price when the opinion was issued

$220.20

As of Jul 22, 2026. Market Open.

Energy
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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.

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.
DON'T BUY
Too dicey. It's way too speculative.