Gevo Stock Might Have Too Much Energy

Gevo Stock Might Have Too Much Energy
InvestorPlace
2/25/2021
Since November,
Gevo (NASDAQ:
GEVO) stock has been a rocket. The shares have gone from $1 to a high of $15.50. Of course, this has not been a one-off. Many other renewable energy companies have also pulled off huge rallies like
FuelCell Energy (NASDAQ:
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Corn field and sky with beautiful clouds
Over the years, there have been periodic major bull moves in the sector. For now, one of the main catalysts has been huge success of
Tesla (NASDAQ:
TSLA), which has revolutionized the automotive industry. The result is that the company is one of the most valuable in the world. Consider that the market capitalization is a staggering $685 billion, making CEO and cofounder Elon Musk one of the richest people in the world.

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