Energy Stocks To Follow Today – October 31st

Tesla, AltC Acquisition, and Bloom Energy are the three Energy stocks to watch today, according to MarketBeat’s stock screener tool. Energy stocks are shares of companies involved in producing, transporting, refining, and selling energy — including oil and gas exploration and production, pipelines and midstream firms, utilities, and renewable-energy developers and equipment/service providers. For investors, they offer exposure to commodity prices, regulatory and geopolitical risks, and often dividend income, but tend to be cyclical and sensitive to technological and policy changes in the energy transition. These companies had the highest dollar trading volume of any Energy stocks within the last several days.

Tesla (TSLA)

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.

AltC Acquisition (ALCC)

AltC Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was formerly known as Churchill Capital Corp VIII and changed its name to AltC Acquisition Corp.

Bloom Energy (BE)

Bloom Energy Corporation designs, manufactures, sells, and installs solid-oxide fuel cell systems for on-site power generation in the United States and internationally. The company offers Bloom Energy Server, a solid oxide technology that converts fuel, such as natural gas, biogas, hydrogen, or a blend of these fuels into electricity through an electrochemical process without combustion.