It’s been a little while since my first blog post, and over the past few months I’ve been spending my time researching companies and waiting for the right opportunity to make my first investment.
Earlier this month, on June 5th, I made my first investment through my Fidelity Youth account.
I invested $268.79 into Bloom Energy (NYSE: BE).
I chose Bloom Energy because, based on my research at the time, I believed it had strong long-term growth potential and was trading at a price that I felt was a good entry point for my portfolio.
The rapid increase in AI is creating a huge demand for electricity. As more AI data centers are being built, they require reliable 24/7 power, but in many areas the existing power grid isn’t able to keep up, creating a need for alternative energy solutions.
That’s what caught my eye about Bloom Energy. Unlike many companies in the power industry, Bloom focuses on on-site power, generating electricity where it’s needed instead of relying entirely on the grid. I believe this gives the company an opportunity to stand out as AI companies look for faster and more reliable ways to power new data centers. If demand for on-site power continues to grow, Bloom could be well positioned to benefit from one of the biggest trends in AI infrastructure.
This is just a brief overview of why I decided to make Bloom Energy my first investment. In my next blog post, I’ll take a deeper dive into the company by breaking down its business model, financials, competitive advantages, risks, and the reasons I believe it has long-term potential.
Disclaimer: This post reflects my personal research and opinions and is for educational purposes only. It is not financial advice.
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