Better Buy: Plug Power vs. Hyster-Yale Materials Handling
When purchasing gifts from the luxury of their own homes, millions of grateful shoppers turned to Amazon this holiday season to help them avoid crowded malls. What the majority of them don't know, however, is that they also should be thankful for Plug Power (NASDAQ: PLUG), the supplier of material handling equipment at several of Amazon's fulfillment centers. Plug Power's investors are certainly familiar with the partnership, as it has contributed significantly to the stock's 113% rise since the announcement of the deal.
While fuel cell-focused investors surely recognize Plug Power as one investment opportunity, they are likely also familiar with its leading peers: Ballard Power Systems and Bloom Energy. What they may not know, though, is that Hyster-Yale (NYSE: HY), thanks to its 2014 acquisition of Nuvera, represents another competitor in the fuel cell field -- albeit a more modest one. Let's take a closer look at the two companies to see which one currently represents the better opportunity for investors.
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Source Fool.com
