Promising Energy Stocks To Consider - October 9th

Key Points

• Tesla (TSLA) is a key player in the energy sector, specializing in electric vehicles and energy generation, with significant operations across multiple countries.
• AltC Acquisition (ALCC) is focused on business combinations and does not currently have significant operations, having undergone a name change from Churchill Capital Corp VIII.
• IREN Limited operates bitcoin mining data centers and was incorporated in 2018, highlighting a growing intersection between energy and cryptocurrency industries.

Tesla, AltC Acquisition, and IREN are the three Energy stocks to watch today, according to MarketBeat's stock screener tool. Energy stocks are shares in companies involved in the discovery, production, refinement or distribution of energy resources. This category typically includes oil and gas producers, pipeline operators, utilities and renewable‐energy firms. Investors buy energy stocks to gain exposure to fluctuations in energy prices and to potentially earn dividends from established cash flows. These companies had the highest dollar trading volume of any Energy stocks within the last several days.

Tesla (TSLA)

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.

Read Our Latest Research Report on TSLA

AltC Acquisition (ALCC)

AltC Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was formerly known as Churchill Capital Corp VIII and changed its name to AltC Acquisition Corp.

Read Our Latest Research Report on ALCC

IREN (IREN)

IREN Limited, formerly known as Iris Energy Limited, owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is headquartered in Sydney, Australia.

Read Our Latest Research Report on IREN