Bloom Energy Corporation (NYSE:BE) is one of the best hot large cap stocks to buy according to hedge funds. On August 21, Bloom Energy Corporation (NYSE:BE) announced the appointment of Aaron Hoover to lead business and corporate development. He would be assigned with developing and overseeing strategic partnerships with energy ecosystem players, driving corporate development initiatives.
In other news, Lloyd Byrne from Jefferies reiterated a Hold rating on Bloom Energy Corporation (NYSE:BE) in a report released on August 18, setting a price target of $24.00.
Bloom Energy Corporation (NYSE:BE) is involved in the manufacture and installation of a solid oxide fuel-cell based power generation platform. The company’s product, Bloom Energy Server, converts standard low-pressure natural gas or biogas into electricity via an electrochemical process without combustion.
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Disclosure: None. This article is originally published at Insider Monkey.