Shares of FuelCell Energy (NASDAQ:FCEL) jumped 13% today after the company announced a $6.7 million research award from the German government with joint venture partner Fraunhofer IKTS. The aim is to improve power density, operating life, and costs of fuel cells over the three-year project.
This has little impact on earnings over the short term, and FuelCell Energy continues to report massive losses. Check out the slide show below to find out why this isn't the time to buy FuelCell Energy.
Travis Hoium has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.