Buy, Sell or Hold: Ballard Power Systems (BLDP-T) — Stock Predictions at Stockchase

TSE:BLDP

8.84

0.05 (0.57%) 1d

Showing 1 to 15 of 247 entries

Unspecified

Its revenue is 100 million which is not large. Still waiting for it to really commercialize. It raised a lot of money at much higher prices so it has good reserves of cash. The fuel cell industry is still developing and the question is can it compete against the electric vehicle system.

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WATCH

He used to own it to get exposure to fuel cells, but the market doesn't like high-PE names like this now. Also, their joint venture in China is delayed by supply chains and Covid. It's a leader in fuel cells using great technology, though. A higher-risk name, but it's in his bullpen so he can decide when to buy it back.

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HOLD

Has been a hold for 20 years. Was the stock to own in the late 90s. Hydrogen fuel cells technology have come a long way but the trend is down. Still want to be present as there will be rallies down the road. More of a trading stock.

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PAST TOP PICK

(A Top Pick Jul 09/21, Down 27.84%) Stock has disappointed in the past year, but he sees it as a 5-10 year position. EV targets are aggressive but ultimately will be met. He's been adding to weakness and still believes in it.

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COMMENT

You get run ups and then disappointment. Probably investable but he is not sure if it will be a player in the future. This was the same case 20 years ago. It sounded imminent 20 years ago and this has not yet panned out.

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SHORT

Seems to have infinite lives. Knows how to secure funds but not how to make money. Scores bottom of the pack for momentum, value and volatility. Will continue to raise money but will probably not make money.

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WATCH

He thinks it is still a wait and see stock.

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PAST TOP PICK

(A Top Pick Jul 09/21, Up 7%) He still likes this stock. It is well positioned. The hydrogen fuel market is only going to get stronger. You have to be patient with it.

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DON'T BUY

Not high quality, ROIC not impressive, not predictable. Speculative.

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DON'T BUY

BLDP vs. LAC Both in alternative energy space. He'd pick lithium as a material, and lithium producers as more timely. Market doesn't care about BLDP's technology adoption right now. Whether you own the LIT ETF basket, or some of the larger producers, the demand is going to be solid for quite some time.

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DON'T BUY

Fascinating. It's been around for a long time. It rallies whenever there's a growth cycle, but then doesn't pan out. This ramped higher in December through February along the growth rally. But it's highly speculative with little cash flow. He had a decent short position on this. But it doesn't scream cheaply. It has terrible volatility and has no EBITDA. Balance sheet is good, though.

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DON'T BUY

Hydrogen power outlook in general The green energy space is interesting as battery power will continue to be a key driver in powertrain. Hydrogen power will be a fringe part of this. During the hydrogen power crazy last winter, BLDP raise a good deal of capital. The company is now sustainable and are adept at living within its means. But the stock is now overpriced. What will they do with all that cash they raised months ago? He'll stay away.

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TOP PICK

Was hot in the beginning and then fell out of favour. The adoption of EV will be a tailwind. Believes hydrogen fuel cells will be part of the solution. Valuation is attractive. Layering into the company. A long term play. (Analysts’ price target is $28.53)

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WEAK BUY

All of the alternate fuel transportation companies have come down. Medium to longer term they are likely good investments. This is the original alternative fuel car.

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RISKY BUY

They have done a couple of large financings. He thinks we are entering the golden age for hydrogen. We are still early in this one. He thinks it has a place in the portfolio as a speculative position.

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Showing 1 to 15 of 247 entries

Ballard Power Systems(BLDP-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 5

Total Signals / Votes : 8

Stockchase rating for Ballard Power Systems is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Ballard Power Systems(BLDP-T) Frequently Asked Questions

What is Ballard Power Systems stock symbol?

Ballard Power Systems is a Canadian stock, trading under the symbol BLDP-T on the Toronto Stock Exchange (BLDP-CT). It is usually referred to as TSX:BLDP or BLDP-T

Is Ballard Power Systems a buy or a sell?

In the last year, 8 stock analysts published opinions about BLDP-T. 2 analysts recommended to BUY the stock. 5 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Ballard Power Systems.

Is Ballard Power Systems a good investment or a top pick?

Ballard Power Systems was recommended as a Top Pick by on . Read the latest stock experts ratings for Ballard Power Systems.

Why is Ballard Power Systems stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Ballard Power Systems worth watching?

8 stock analysts on Stockchase covered Ballard Power Systems In the last year. It is a trending stock that is worth watching.

What is Ballard Power Systems stock price?

On 2022-06-24, Ballard Power Systems (BLDP-T) stock closed at a price of $8.84.

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