Better Buy: Bloom Energy vs. Plug Power
The history of hydrogen fuel cell technology has been tumultuous. Investors get hopeful only to see new obstacles to success, but when the industry's potential seems to be on the brink of vanishing for good, investor confidence inevitably comes back, seemingly stronger than ever.
That's what's been happening with top hydrogen fuel cell companies Plug Power (NASDAQ: PLUG) and Bloom Energy (NYSE: BE). After a disastrous 2018, both stocks had fantastic rallies in late 2019, and are up more than 30% year to date! But which one is better poised for long-term success? Let's find out by taking a closer look at their recent performance and their prospects for growth.
Hydrogen fuel cells have been an underperforming part of the renewable energy industry. Could that be set to change? Image source: Getty Images.
Source Fool.com
