TheStreet's Jim Cramer said on CNBC's Mad Money that he would stay away from the stock. "These are just total rank speculation stories. I can't go there," he said. "I've got a lot of solid companies that have really good fundamentals that are inexpensive. I'm not going FuelCell."
TheStreetSweeper also wrote an article on Wednesday to call FuelCell overvalued.
Toyota Senior VP of North America Bob Carter spoke at the JP Morgan Auto Conference and said filling up a tank of vehicles powered by hydrogen fuel cells could be rather expensive. He put a full tank of the clean-burning fuel at approximately $50, though he said the cost would eventually drop to $30, the approximate cost to fill up many high-mileage compact cars.
Separately, TheStreet Ratings team rates FUELCELL ENERGY INC as a "sell" with a ratings score of D-. TheStreet Ratings Team has this to say about their recommendation:
"We rate FUELCELL ENERGY INC (FCEL) a SELL. This is driven by a number of negative factors, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income and poor profit margins."