Jim Cramer Discusses Bloom Energy (BE)'s Renewed Fortune

We recently published Jim Cramer Talked About These 14 Stocks & Discussed AI And Layoffs. Bloom Energy Corporation (NYSE:BE) is one of the stocks Jim Cramer recently discussed.

Bloom Energy Corporation (NYSE:BE) is a fuel cell manufacturer that enables electricity generation from fuels such as natural gas without relying on combustion. The firm has partnered with utility American Electric to supply data centers with electricity. Cramer used Bloom Energy Corporation (NYSE:BE) as an example of how companies with exposure to data centers are seeing their fortunes turn around. The firm has seen interest in its products due to shorter generator delivery timelines when compared with gas-powered electricity generation turbines. Here is what Cramer said about Bloom Energy Corporation (NYSE:BE):

“Witness a little company called Bloom Energy. BE. Well they have a non combustible engine which they have been working on for 20 years. And I have just counted these guys out because they have lost hundreds, hundreds of millions of dollars over the last seven years that they have been public. And then boom, everybody wants them, everybody wants their on-prem energy package. I mean there they are. They have real earnings.”

While we acknowledge the potential of BE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.