Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Could Plug Power Be a Millionaire-Maker Stock?


Plug Power (NASDAQ: PLUG) has been on a volatile path in the market for more than a decade. Since 2014, the company has also been on a high-potential path as big customers like Amazon.com and Walmart expand their use of hydrogen power for forklifts in warehouses. 

But as Plug Power has grown, it has increased the amount of cash it has burned and continually turned to shareholders and creditors to fund operations. Management thinks this time it has a sustainable business model. And if that's true, then this could indeed be a millionaire-maker stock. 

Image source: Getty Images.

Continue reading


Source Fool.com

Like: 0
Share

Comments