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Stockchase Opinions

Jim Cramer - Mad MoneyRenewable Energy GroupREGIBUY ON WEAKNESSMar 26, 2021

It's a good company, but has been hammered. Definitely buy at these levels.
$63.78

Stock price when the opinion was issued

$61.50

As of Jun 10, 2022. Market Open.

Energy
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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.
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
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.