Clean Energy Fuels (NASDAQ: CLNE) stock is on the rise, and some investors are speculating that it could be the next AMC.
With that in mind, he is our list of the best places to buy CLNE stock right now.
Where to buy Clean Energy Fuels stock online
As far as the best platforms to buy CLNE shares, we feel low-fee online stockbrokers are your best option. They allow you to control your entire investment portfolio from the comfort of a website or app interface, and they are a great way to get involved with stocks, commodities, cryptocurrencies and forex.
So, let’s get into what you’re here for: where to buy CLNE shares. Our team of analysts feel the best options are the two below:
1) eToro
Etoro has low fees, a clean interface, intuitive tools, and it is one of the largest online brokers in the world.
2) Plus500
If you want access to the flexibility of CFD trading, Plus500 is a great way to invest in CLNE.
If you are looking for something a little different, read our comparison of the ten best trading platforms right now. Furthermore, if you need some foundational advice on how to buy Clean Energy Fuels share, read through our beginners’ guide .
What is Clean Energy Fuels?
Based in the US and formed in 2001, it is a company that aims to change the way the world fuels vehicles. Specifically, the company is focussed on the procurement and distribution of renewable natural gas (RNG) and conventional natural gas, in the form of compressed natural gas (CNG) and liquefied natural gas (LNG) for the Canadian and US markets.
Why is Clean Energy Fuels rising in value?
Right now, the company has no revenue with some debt, so the financial side of things is clearly not driving growth. Moreover, while the renewable energy macro story is promising, it isn’t the reason behind this surge. The true cause is a short squeeze thematic that was started by Reddit group, WallStreetBets , back in January, and it has now been re-energised this week.
Should I buy CLNE stock?
If you want to take a gamble on a stock that may experienced significant volatility, then yes. Just be prepared for the risks associated with a stock that is experiencing unpredictable buying and selling behaviour right now, and don’t bank on its success.
Will CLNE make me rich?
This is unlikely, though given what has happened with both GameStop and AMC Entertainment, anything feels possible right now in this tumultuous market.
CLNE price prediction
You will struggle to find any analyst worth their salt who will commit to a solid CLNE price target, though we would expect the stock to continue its growth, at least in the short term.
Social media gives its view on
A nice healthy pullback/resting day for many stocks on my watchlist
— Traderstewie (@traderstewie) June 3, 2021
.. but we are seeing pockets of strength out there today. with a wedge breakout here. On good volume too pic.twitter.com/BSgmm3pQhO
…
— Traderstewie (@traderstewie) June 1, 2021
One of my favorite momo momo stocks actively traded in 2020…. fell out of favor since February…. but looks to be carving out a bottoming pattern off the 200 day MA pic.twitter.com/9DA52SZGWd
Beautiful ??VWAP Pinch n Pop, sell partial on break of high, on 2 Minute chart of pic.twitter.com/77phTPra1o
— Brian Shannon, CMT (@alphatrends) June 3, 2021
Looking into as well for a swing trade! $9.09 is my stop loss
— MMA (@STXRBOY999) June 3, 2021
finally hit this morning. So blessed! Had calls on this bad boy! https://t.co/Q7W1KGJXJq
— Stephen (@mranderson133) June 3, 2021
10 most mentioned US stocks on #Wallstreetbets and Reddit
— Shark of Traders ¿¿¿¿¿¿ (@SharkofTraders) June 3, 2021
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For all the latest information about CLNE and other meme stocks, read our news .
The post Is Clean Energy Fuels Corp the next short squeeze target? Here’s where to buy appeared first on Invezz .