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Will FuelCell Or Blink Charging Stock Grow More By 2022?

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Will FuelCell Or Blink Charging Stock Grow More By 2022?

Every week, Benzinga conducts a sentiment survey to find out what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios.

We surveyed a group of over 500 Benzinga investors on whether shares of FuelCell (NASDAQ: FCEL) or Blink Charging (NASDAQ: BLNK) stock would grow the most by 2022.

FuelCell Vs. Blink Charging Stock

FuelCell Energy designs manufactures, sells, installs, operates, and services fuel-cell products, which efficiently convert chemical energy in fuels into electricity through a series of chemical reactions.

FuelCell’s ultimate goal is to provide clients with a comprehensive turn-key solution, including everything from the design and installation of a fuel cell project to the long-term operation and maintenance of client’s clean energy projects.

Blink Charging Company is an owner, operator, and provider of electric vehicle charging services. The company offers both residential and commercial EV charging equipment, enabling EV drivers to easily recharge at various location types. Blink’s principal line of products and services are Blink EV charging network and EV charging equipment and EV-related services.

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The company says it currently has thousands of EV chargers deployed across the United States at airports, car dealers, hospitals, hotels, parks and recreation areas, restaurants, retailers, schools and universities and stadiums.

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Survey Says

Sentiment was tight in this study: 53% of Benzinga traders and investors said shares of FuelCell will grow more by 2022. Above all else, respondents expressed both companies will increase off an embrace towards clean energy by the incoming Biden administration.

For FuelCell, respondents noted the Biden administration’s embrace of clean energy will provide favorable business conditions for FuelCell in the coming years, providing strength to the electric vehicle, fuel cell and biogas industries at large.

Respondents reiterated Blink’s strategic relationships and often long-term agreements with hundreds of property partners, well-recognized companies, large municipalities and local businesses will help the company to continue to increase market share.

This survey was conducted by Benzinga in January 2021 and included the responses of a diverse population of adults 18 or older.

Opting into the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects results from over 500 adults.

 

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