
Buying a stock as it’s pushing toward or breaking through a 52-week high can feel daunting, since above that price lies uncharted territory. Yet that’s often exactly when you should double down on your initial thesis, because larger players tend to join the battle at these key breakout levels.
One company that’s been breaking out recently and giving investors plenty of reasons to expect further gains is Bloom Energy Corp. (NYSE: BE). Unlike many traditional energy firms, Bloom Energy focuses on renewable, clean-energy solutions.