‘Star Peak Energy (STPK) Will Dominate Tesla in the Energy Storage Game’ Says Citron Capital
Citron Capital LLC, an investment research and management firm, published its fourth-quarter 2020 Investor Letter – a copy of which can be downloaded here. In the letter, the firm talked about the Environmental, Social and Corporate Governance (ESG) or the sustainable way of investing and gave emphasis on a certain equity. You can view the fund’s top 10 holdings to have a peek at their top bets for 2021.
Citron Capital LLC, in their Q4 2020 Investor Letter said that they believe Star Peak Energy Transition Corp. (NYSE: STPK) is worth more than its current market capitalization value, and that it is a future $800 billion, Tesla like boomer, in the US markets. Star Peak Energy Transition Corp. is a company that focus on businesses that involves reducing carbon footprints and improving energy efficiency. It currently has a $1.4 billion market cap. For the past 3 months, STPK delivered an immense 215.49% return and settled at $32 per share at the closing of January 25th.