Is Bloom Energy (BE) a Good Investment?

Core Viewpoint - Columbia Threadneedle Investments reported a strong rebound in US equities during Q2 2025, with the Columbia Seligman Global Technology Fund's Institutional Class shares returning 19.52%, slightly below the MSCI World Information Technology Index-Net's return of 23.18% [1] Group 1: Fund Performance - The Columbia Seligman Global Technology Fund's Institutional Class shares achieved a return of 19.52% in Q2 2025 [1] - The MSCI World Information Technology Index-Net outperformed the fund with a return of 23.18% during the same period [1] Group 2: Bloom Energy Corporation - Bloom Energy Corporation (NYSE:BE) is highlighted as a key investment, with a one-month return of 20.80% and a remarkable 535.93% increase in share value over the past 52 weeks [2] - As of September 24, 2025, Bloom Energy's stock closed at $69.18 per share, with a market capitalization of $15.451 billion [2] - The fund maintained an off-benchmark position in Bloom Energy, which manufactures solid oxide fuel cells, positioning it as a solution for electricity shortages in AI datacenter builds [3] Group 3: Market Context and Future Outlook - Bloom Energy's stock surged towards the end of Q2 2025, benefiting from President Trump's budget reconciliation bill, which favors hydrogen energy developers by extending federal tax credits [3] - In Q2 2025, Bloom Energy generated revenue of $401 million, reflecting a 19.5% year-over-year increase [4] - Despite Bloom Energy's potential, the analysis suggests that certain AI stocks may offer greater upside potential with less downside risk [4]