Can NFE Stock Beat the Market?
The stock is down by 98% over the past five years, and it's not a dip that you want to buy.New Fortress Energy (NFE +1.74%) has woefully underperformed the S&P 500 (^GSPC 0.03%) with a 93% decline this year. Zooming out doesn't make it much better, with the stock down by 98% over the past five years. Meanwhile, the S&P 500 has logged one-year and five-year gains of 17% and 86%, respectively.Bullish investors are viewing New Fortress Energy as a "down but not out" play that can become a winner if a long-term ...