Amid widespread recessionary alarms thanks to the need for the Fed to raise interest rates aggressively and the recent bank failures, industrials is one of the sectors that can stay afloat. However, given the fundamental weakness of FuelCell Energy, Inc. (FCEL), it may not be a good pick to capitalize on the sector tailwinds.
Before discussing why FCEL is best avoided now, let’s see what’s driving the market volatility.
