U.S. Clean Energy Stocks Pop, But Will It Last?
American Superconductor (AMSC) fool.com·2024-05-24 19:53
Will tariffs and AI give clean energy a boost?It was a great week for U.S. clean energy stocks after the Biden administration announced new protections against foreign competition across energy products.According to data provided by S&P Global Market Intelligence, Bloom Energy (BE 4.58%) was up as much as 27.7% this week, and American Superconductor (AMSC 5.96%) jumped 12.9%. The two stocks are up 27.5% and 12%, respectively, at 3 p.m. ET on Friday. Protections won't be great for every company though, and t ...