Gevo (NASDAQ:GEVO) announced plans to help Delta Airlines (NYSE:DAL) cut its carbon emissions by supplying Delta with its sustainable aviation fuel. That could be great for the environment, but it probably doesn’t make GEVO stock a buy yet.
This is positive news for Gevo. However, earnings are still negative (and growing the wrong way), and since it could take some time for these developments to help the company’s bottom line, I don’t believe it makes GEVO stock a buy yet.
Read more about GEVO stock here.
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