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1 Big Reason to Buy FuelCell Energy Stock While It's Still Under $30

The Motley Fool·
1 Big Reason to Buy FuelCell Energy Stock While It's Still Under $30

FuelCell Energy announced a strategic partnership with Siemens to accelerate deployment of molten carbonate fuel cells for commercial projects. The company has a $1.14 billion project backlog and a 267% sequential growth in its sales pipeline. Despite a recent stock offering causing dilution concerns, analysts view the partnership as a strong catalyst given growing data center power demands.

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