STPK - Stem stock soars as Citron calls it the 'most compelling' alt-energy stock

January, 11 2021 02:12 PM Star Peak Energy Transition Corp. Class A

Stem ([[STPK]], +18%) is riding a bullish note from Citron Research, which called the stock the "most compelling" and "real" story in the space since it changed its tune on Tesla to go long.Citron put a $100 price target on the stock."It’s not often you get the opportunity to invest in a disruptive market leader within a >$1 trillion TAM with industry leading technology at a $3 billion valuation," Citron writes.The global energy storage market is a $1.2T opportunity and STPK is the 800-lb. gorilla in the space, with market-leading AI and top-notch management, it says.As opposed to many ESG "junk companies," Citron expects STPK "to become a core holding of every ESG ETF in the market and for the float to be quickly gobbled up sending the stock materially higher."STPK has tripled since the announcement of the deal for Stem to become publicly traded from the combination with Star Peak Energy

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Stem stock soars as Citron calls it the 'most compelling' alt-energy stock

Company Name:	Star Peak Energy Transition Corp. Class A
Stock Symbol:	STPK
Market:	NYSE

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