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Barchart
Barchart
Jim Van Meerten

This Energy Stock Is Up 700%, But I Wouldn’t Touch It with a 10-Foot Pole

  • Babcock & Wilcox (BW) has surged nearly 700% over the past year, hitting a new 5-year high of $10.97.
  • BW has a 100% “Buy” Barchart opinion.
  • Despite technical strength, earnings and revenue are projected to decline this year.
  • Morningstar warns BW is 79% overvalued with weak financial health, suggesting caution for risk-averse investors.

Today’s Featured Stock

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