5 Oversold Energy Stocks You Can Buy Right Now

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In this article, we discuss 5 oversold energy stocks you can buy right now. To read the detailed analysis of the energy industry, go directly to the 11 Oversold Energy Stocks You Can Buy Right Now.

5. Clean Energy Fuels Corp. (NASDAQ:CLNE)

14-day RSI: 29.58

Number of Hedge Fund Holders: 19

Clean Energy Fuels Corp. (NASDAQ:CLNE) is a renewable energy company that procures and provides renewable natural gas (RNG) and conventional natural gas in various forms.

On March 6, Scotiabank lowered the price target on Clean Energy Fuels Corp.’s (NASDAQ:CLNE) stock to $6 from $7 and maintained an Outperform rating on the shares. It is one of the most oversold energy stocks to buy now and has a 14-day RSI of 29.58, as of March 13.

In the fourth quarter, 19 hedge funds held positions in Clean Energy Fuels Corp. (NASDAQ:CLNE) and the total stakes amounted to $47.809 million. With a position worth $10.25 million, Till Bechtolsheimer’s Arosa Capital Management is the most prominent shareholder in the company, as of December 31, 2023.

On February 26, Clean Energy Fuels Corp. (NASDAQ:CLNE) announced that it expanded its fueling network by opening up two new fueling stations offering natural gas in the DFW area.

Follow Clean Energy Fuels Corp. (NASDAQ:CLNE)

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