Stockchase Opinions

Jim Cramer - Mad Money Renewable Energy Group REGI-Q BUY ON WEAKNESS Mar 26, 2021

It's a good company, but has been hammered. Definitely buy at these levels.
$63.780

Stock price when the opinion was issued

Energy
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

COMMENT
Biofuels, based in vegetable oils for example, will benefit from Biden's green energy plan. REGI is the biggesT producer of bio-diesel and could benefit.
BUY
Got caught in the downdraft. Likes it. Compelling value. Tremendous amount of demand in biofuel. Expanding renewable diesel plant, a higher margin commodity. Long term, 2-3 years, positioned extremely well, if you can put up with the volatility. Compelling valuation. If it gets to $120 again, take profits.
COMMENT
Potential for another bidder? Doesn't think so. It's at a healthy valuation. There are other companies you can play in the bio-fuel and renewable diesel space, such as DAR for a large cap or LCFS as a niche Canadian name.