At the heart of debate on hydrogen power. Used in forklifts and such so that the Amazons and Walmarts of the world can reduce carbon footprint. He has a small position in BLDP instead. Both will do well as the market grows and the infrastructure builds out. Accounting issues at PLUG suggest caution.
You need to see BP or Royal Dutch Shell get involved here or else PLUG will tumble, as low as the mid-$20s. Be careful. (PLUG soared 90% last year.)
They just completed a $845 million capital raise. PLUG is the least speculative of the fuel cell plays. In fact, the stock is up since that raise. True, Plug has broken many investors' hearts in the past, floundering for years, but their last report beat the street and customers include Walmart, FedEx, Kroger and Amazon. True, PLUG is still a long way to turning a profit but he enjoys these tailwinds: the Biden presidency will make regulations friendlier to green-energy companies; the price of wind and solar energy keeps getting cheaper; there's a renewable storage problem; and large companies are interested in hydrogen fuel cell power. Japan and Germany are investing in hydrogen power.
Plug Power Inc is a American stock, trading under the symbol PLUG-Q on the NASDAQ (PLUG). It is usually referred to as NASDAQ:PLUG or PLUG-Q
In the last year, 1 stock analyst published opinions about PLUG-Q. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Plug Power Inc.
Plug Power Inc was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Plug Power Inc.
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.
1 stock analyst on Stockchase covered Plug Power Inc In the last year. It is a trending stock that is worth watching.
On 2023-06-02, Plug Power Inc (PLUG-Q) stock closed at a price of $8.77.
Is heavily shorted. If it gains 20%, sell. But it's a bad company that's disappointed.