Forget Plug Power, Here's the Fuel Cell Stock to Buy
Plug Power (NASDAQ: PLUG) has been a hot stock on the market for nearly four years, but it has never quite lived up to investors' lofty expectations. Revenue growth has been easy to come by as big customers like Walmart and Amazon find value in the company's products. But Plug Power hasn't turned those deals into profits and is giving away shares to its customers to get a deal done, which will end up reducing current investors' upside if the agreements are successful.
If you like Plug Power for its fuel cell potential, Ballard Power Systems Inc. (NASDAQ: BLDP) may actually be a better play. It has much better financials and some of the same end markets as Plug Power. And it isn't giving the company away to make sales.
Image source: Ballard Power Systems.
Source: Fool.com
Ballard Power Systems Inc. Stock
With 6 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
With a target price of 4 € there is a positive potential of 49.48% for Ballard Power Systems Inc. compared to the current price of 2.68 €.
