As the Q2 earnings season approaches, clean tech stocks likeEnovix Corp(NASDAQ:ENVX) andChargePoint Holdings Inc(NYSE:CHPT) are catching the spotlight, navigating a landscape fraught with both opportunities and challenges.
According to JPMorgan analyst Bill Peterson, the sentiment among institutional investors is notably cautious, with "elevated short interest pervasive across our coverage universe." This ambivalence is driven by concerns about company execution and balance sheets, keeping investors on the sidelines until clearer signals emerge.
Clean Tech's Recent Rally: A Temporary Surge?
Despite the overall uncertainty, Clean Tech stocks have experienced a notable upswing over the past month...
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