Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of fuel cell developer FuelCell Energy
So what: FuelCell announced today that POSCO
Now what: This is the largest order that FuelCell has ever received and dwarfs the $83 million in total revenue that the company reported over the 12 months ending in January. The company is neither profitable nor cash-flow positive, but management hopes that the higher production levels demanded by orders like this will help drive efficiencies and reduce costs.
Want to keep up to date on these stocks?
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.
Fool contributor Matt Koppenheffer does not have a financial interest in any of the companies mentioned. You can check out what Matt is keeping an eye on by visiting his CAPS portfolio, or you can follow Matt on Twitter @KoppTheFool or Facebook. The Fool's disclosure policy prefers dividends over a sharp stick in the eye.