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Fluence Energy, Inc. (FLNC): A Bull Case Theory 

We came across a bullish thesis on Fluence Energy, Inc. on Capitalist Letters’s Substack by Oguz Erkan. In this article, we will summarize the bulls’ thesis on FLNC. Fluence Energy, Inc.'s share was trading at $19.39 as of December 1st. FLNC’s forward P/E was 93.46 according to Yahoo Finance.

[caption id="attachment_973632" align="aligncenter" width="768"] Photo by Kumpan Electric on Unsplash[/caption]

As investors crowd into data center and semiconductor stocks as the “picks and shovels” of the AI boom, valuations in those sectors have soared, leaving little upside....