Gevo - Are alternative fuel stocks still hot?Gevo's ( GEVO ) been trending for a while now thanks to a spark from SPIand other alternative energy stocks. It's also gotten a decent amount of new coverage and mentions on Dow Jones. But it's still a penny stock so we can't forget volatility is key. It will be interesting to see if GEVO can remain in this uptrend without putting out any new updates.
"Aside from being one of the epicenter penny stocks, it’s also been considered one of the “ESG stocks” to watch. ESG stands for “Environmental, Social, and Governance.” The basic idea behind it is in support of companies that leave a positive impact on those specific areas of interest. How Gevo falls into the category has everything to do with its business model...While GEVO stock has been incredibly volatile, the overall trend has been strongly upward. Since September 24th, shares have climbed from around $0.80 to a close on Friday of $1.22. With a continued focus on reopening and alternative energy, will this 1-2 punch spark a continuation in GEVO’s chart this week?"
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