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Will Clean Energy Fuels Continue To Surge Higher?

Published 01/09/2020, 08:02 PM
Updated 07/09/2023, 06:31 AM
CLNE
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As of late, it has definitely been a great time to be an investor in Clean Energy Fuels Corp. (NASDAQ:CLNE) . The stock has moved higher by more than 100% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could suggest that the stock may be on the right path.

We certainly think that this might be the case, particularly if you consider CLNE’s recent earnings estimate revision activity. From this look, the company’s future is quite favorable; as CLNE has earned itself a Zacks Rank #2 (Buy), meaning that its recent run may continue for a bit longer, and that this isn’t the top for the in-focus company. You can see the complete list of today’s Zacks #1 Rank stocks here.

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Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

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Clean Energy Fuels Corp. (CLNE): Free Stock Analysis Report

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