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Why Abengoa SA's Shares Popped 91% in March

While it might have been a good month for Abengoa, the company is far from being out of the woods. It still needs a long-term plan to avoid insolvency, and that's not yet on the table.

Now what:

With so much uncertainty surrounding it, this isn't a stock I would be betting on. Without the confidence of creditors, renewable energy companies will have a hard time making money. And Abengoa is a great example of that.

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The article Why Abengoa SA's Shares Popped 91% in March originally appeared on Fool.com.

Travis Hoium owns shares of General Electric Company. The Motley Fool owns shares of General Electric Company. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy .

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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