Tuesday 16 May 2023

Bloom Energy stock selloff ‘overdone’ says Morgan Stanley, sees 130% upside potential

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Shares plunged about 15% last week after the fuel-cell company said it offered $500 million of green convertible senior notes due 2028 in a private offering. Overall, shares are down by about 25% since the Q1 earnings report was released.


Investors should buy AvalonBay Communities Inc. shares, according to BofA Securities, on the belief that the residential real-estate investment trust will benefit from a demographic shift from cities to suburbs.






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