Stockchase Opinions

Tim Nash Hydrogenics Corp HYG-T COMMENT Jul 20, 2018

Hydrogen energy technology. Likes this more than Ballard, because they’re moving toward larger forms of transportation. Hydrogen makes a lot of sense in central refuelling stations. Burns cleanly, only byproduct is water. The technology makes a lot of sense, but would want to see genuine interest from big companies in reducing CO2 emissions. Companies operating outside Paris Accord don’t necessarily care enough to make a commitment to a specific technology.

$8.840

Stock price when the opinion was issued

misc industrial products
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DON'T BUY
Interesting technology. May take a long time.
BUY
Just made a new, good acquisition, but will not be profitable until 2006.
TOP PICK
This is one of the concept stocks you should hold in an energy portfolio towards the future.
TOP PICK
Has a nice long term base and is just rallying. Alternative energy should be good at this time. Make sure you have a stop loss. $4.90 would be good.
SELL
This whole sector is compelling. Recommends being careful and to diversify. The stock has had a nasty downward trend. Recommends to reduce in a rally if possible and sell on strength.
COMMENT
Most of the stocks in this space have been rallying. On concept stocks it is important to see what the peers are doing. This has probably bottomed. Don't let it make a new low. Thinks this will be OK.