Opinions
Jim Cramer - Mad Money
Star Peak Energy Transition
STPK-N
BUY ON WEAKNESS
Feb 24, 2021
SPACs to buy They're merging with start-up, Stem, to become the first public pure play on smart energy storage. They also help decentralize the grid (would have been useful in Texas recently). Buy this after the Stem deal. Buy below $30.
$36.030
Stock price when the opinion was issued
electrical
electronic
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One of the few SPACs he likes. Are creating the first public pure-p[lay smart energy storage company in the U.S. We've had a huge boom in solar. Founded in 2009, STPK sells energy storage systems using A.I. which tells you when to switch from onsite power generation to the grid and batteries. It's an exciting stpace and STPK is one of the best-performing SPAC. He admits he's late to the party with STPK. Volatility will offer buying opportunities.
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electronic