FuelCell Energy, Inc. (NASDAQ:FCEL)
Develops and manufactures fuel cell power plants for clean, efficient and reliable electric power generation. Currently commercializing its core carbonate fuel cell products, offering stationary applications for commercial and industrial customers.
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This alternative energy stuff is still too far off in the future to justify stocks trading at these types of valuations.
Even the experts think so - see my article:
http://www.fool.com/news/mft/2006/mft06090815.htm
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Fuel Cells are our future. Do you want to be an ordinary person and just use them, or do you want to be smart and reap the benefits. Invest wisely.
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Technology must be a major barrier, there are simply no earnings
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Large scale fuel cells are steadily gaining ground.
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Providing power when the companies can't and doing it cleanly.
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Technicals show a severely oversold condition at the time of posting at $7.95... it will probably bounce if volume is there.
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finally getting costs down and products to a maturing market.
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These guys hold a heavy amount of natural gas, hydrogen and petroleum fuel cell technology and patents. They have been consistently moving ahead with new work contracts for over a year. In the long-term outlook they have great potential value for those willing to wait even just a year or two from now to cash in. Alternative, sustainable energy technology is an undeniable force and this company is leading the vanguard.
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As Fuel Cells become more available, FCEL will be able to grow with their experience in the current markets.
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