Yahoo Finance | EN590 Commodities
EN590 Commodities GroupNatural Gas / LNG 2026-08-06T21:33:00+00:00
Wall Streetrarely puts atriple-digitreturn forecast on a company with a long history of being unprofitable. Goldman Sachs just did exactly that. The bank named U.K. fuel cell developerCeres Power(CWR) as a top European pick for August, forecasting a168% gainover the next 12 months. That would nearly triple the money of anyone buying today. Ceres sharesfell more than 31% in Julyas investors pulled back from artificial intelligence spending. Goldman sees that drop as a buying window rather than a warning. For investors, Goldman thinks Ceres will help solve one ofAI's biggest problems: where theelectricitycomes from. Whether that outlook holds depends on partners, timelines, and cash the company does not yet have. Goldman analystMichele Della Vignareiterated hisBuy ratingon Ceres with a930p p
About EN590 Commodities Group
25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.