Better Buy: Bloom Energy vs. Plug Power
Once-promising fuel cell technology has been wandering in the wilderness, proverbially speaking, for the last decade. Electric batteries have eclipsed fuel cells as the zero-carbon technology of choice for most vehicle manufacturers, leaving hydrogen to sputter along in niche markets like material handling and airport safety vehicles.
However, the industry has been getting more notice lately. New entrant Bloom Energy (NYSE: BE) has started using fuel cells not in vehicles, but in power generators. Meanwhile, longtime player Plug Power (NASDAQ: PLUG) has seen its shares skyrocket this year. Investors are likely intrigued, but are either of these companies actually worth an investment? Let's dig a little deeper to see which is the better buy.
Hydrogen fuel cell companies have not been top performers in the stock market. Image source: Getty Images.
Source Fool.com
