Where Will Plug Power Be in 3 Years?
Enthusiastic about the prospects of hydrogen and fuel cell specialist Plug Power (NASDAQ: PLUG), investors have sent the stock soaring more than 14% since the start of the year, which is no small feat considering the S&P 500 has risen 3.4%.
But what exactly is powering this enthusiasm? Sure, the hydrogen economy is expected to grow significantly in the coming years, but that doesn't mean Plug Power is guaranteed to prosper. Taking a closer look at the company's outlook through 2026 should provide some greater insight.
Due in large part to securing major customers like Walmart and Amazon over the years, Plug Power has, undeniably, excelled at growing its top line.
Source Fool.com
