BE is a favorable holding due to technical strength (above 50-day MA), thematic tailwinds from AI energy needs, and high yield.
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Well, I like Bloom Energy. Doesn't mean you need to like it. It means to mean if you like this one you could start researching it, but I like it over the 50-day moving average and it's now starting to move up and it's got a couple of days of good volume on it to kind of help it out.
So, I kind of think that with the energy in play, we've got a a move that hopefully will move for toward the top side of this. Like if you think about the AI play, all of these data centers, they need a lot of energy, right?
The big knock on them is that they're rising you know, raising people's electric rates and that's because they don't produce their own energy. So, they're going to have to start producing their own energy whether it's solar or wind or hydrogen.
Well, Bloom Energy provides an alternative energy source. So, that's kind of why I look at this.
Plus, it pays a lot of juice. So, it's got a lot of stuff in there for me that I like. So, the stock closed at around 258.49.
And the 275s are about uh you know, the stock right now is at 258, so they're almost uh $20 higher. That's $1,740 for every 100 shares of BE that you own, okay?
And so, yes, it cost or it cost $25,800 to own 100 shares, but the income on it is going to be $1,742. Okay? Uh so, that's what you're looking at at $1,742. You have 1,000 shares, it's 17,000 uh four $420 of of juice for the $258,000 that you put out, right?
Uh but that's where I like it is here at 1742 uh with the $275 strike
I think it's going to go to 275? I have no flipping idea. Right now, it is at $258, right? Not hard it for it to see that it goes to 275. I mean, it was pretty close to that a couple of days ago.
So, that's a pretty good probability for me to look at.
What this channel has said about $BE
Cash Flow Machine | Mark Yegge | Wealth Architect has only this one call on this stock.