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Stockchase Opinions

Jim Cramer - Mad MoneyPacific EthanolPEIXCOMMENTOct 07, 2020

It's had an amazing move, but doesn't know why. He prefers PLUG in this space.

$8.80

Stock price when the opinion was issued

$5.70

As of Jun 12, 2026. Market Open.

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DON'T BUY

Too speculative. He likes some alternative fuel stocks, so what buy a $5 spec? He prefers Plug Power.

COMMENT
Believes the ethanol business will grow in the future. Trading at about 75% of the replacement cost of their plant so it is trading at less than what it would cost them to build the plants. Thinks that the plants that forge through right now will prosper in the long run.
COMMENT
Doesn't know this company well, but ethanol will become more in demand as oil prices rise. One analyst has set a $17 target price on this stock, so it's probably fully valued.
DON'T BUY
His attitude on any ethanol stocks is “run for the hills”. The stocks went up on huge hype. Ethanol is not going to be the saviour that everyone thinks it is. It is too subsidised. Not economically viable.