10 AI Stocks Taking Wall Street by Storm

8. Bloom Energy Corporation (NYSE:BE)

Number of Hedge Fund Holders: 25

Bloom Energy Corporation (NYSE:BE) develops solid-oxide fuel cell systems for on-site power generation. On December 9, BofA analyst Dimple Gosai raised the firm’s price target on Bloom Energy Corporation (NYSE:BE) to $20 from $7 and kept an “Underperform” rating on the shares. Even though the firm acknowledges Bloom’s success in landing big deals, including those with American Electric Power (AEP) and collaborations with Quanta Computer, it said that revenue remains flat due to lower selling prices. Moreover, the firm is looking for increased momentum on greenfield projects to justify the current valuation. It also added that it sees execution risks that remain.