SOURCE: The Bedford Report

The Bedford Report

March 21, 2011 07:35 ET

FuelCell Energy and Capstone Turbine Poised to Benefit From Surging Oil Prices

The Bedford Report Provides Analyst Research on FuelCell Energy & Capstone Turbine

NEW YORK, NY--(Marketwire - March 21, 2011) -  With sky-high oil prices beginning to slow down the economic recovery, investors are hopeful that the fuel cell sector will get a boost from a stronger push for alternative sources of energy. Fuel cells can be used for buses and recreational vehicles, heating and cooling systems and backup power for cell phone towers. On the downside, fuel cells have a reputation of being expensive, leading some competitors to argue that microturbines hold a brighter future. The Bedford Report examines the outlook for companies in the Industrial Electrical Equipment Industry and provides research reports on FuelCell Energy, Inc. (NASDAQ: FCEL) and Capstone Turbine, Inc. (NASDAQ: CPST). Access to the full company reports can be found at:

www.bedfordreport.com/2011-03-FCEL

www.bedfordreport.com/2011-03-CPST

Ford and Toyota have both stressed the importance of breaking the dependence on foreign oil and project that they could be mass producing the fuel cell cars by 2015. Executives at Toyota say the company aims to slash the cost of hydrogen fuel cell technology before it starts selling its fuel cell sedan. Shinzo Kobuki, senior managing director in charge of Toyota's battery technology says the goal is to bring the cost of the fuel stack and high-pressure hydrogen tank to one-twentieth of 2008 levels.

The Bedford Report releases regular market updates on the Industrial Electrical Equipment Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.bedfordreport.com and get exclusive access to our numerous analyst reports and industry newsletters.

Earlier this month shares of FuelCell Energy surged after the company said its fiscal first-quarter loss narrowed on strong product sales, resulting in better-than-expected revenue growth. The company makes fuel cells for electric power generation for commercial, industrial, municipal and utility customers and reported a loss of $11.7 million, or 10 cents a share, compared with a year-earlier loss of $15.4 million, or 18 cents a share.

Capstone Turbine Corporation makes and sells turbine generator sets and related parts for use in stationary distributed power generation applications. The company argues that fuel cells are expensive, and require significantly higher government incentive levels to stimulate customer investment than Capstone's so called "microturbines."

The Bedford Report provides Analyst Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above-mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at http://www.bedfordreport.com/disclaimer

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