Plug Power PLUG Stock Analysis || Is Plug Stock a Buy?!

Plug Power ticker symbol PLUG trading for 15 dollars a share as of Thursday, October 22, 2020. Equating to a market cap of 5.6 billion dollars!

Plug Power PLUG Stock Analysis || Is Plug Stock a Buy?!

It's been a crazy ride for Plug investors as the company traded sideways for nearly a decade. It's only as of recent the company has been able to show some solid returns for investors, with the company being up over 400% within the last year and yet down nearly 20% from it's highs just in the last 2 weeks.

Hydrogen fuel cell technology offers the advantages of a clean and reliable alternative energy source to customers in a growing number of applications – electric vehicles, including forklifts, delivery vans, drones, and cars – primary and backup power for a variety of commercial, industrial, and residential buildings; and more futuristic-sounding applications like air taxis.

Hydrogen Fuel cells make an intriguing argument for weight sensitive loads, after all hydrogen is the lightest element. Just to put this into perspective hydrogen used in fuel cells has an energy to weight ratio that is ten times greater than lithium-ion batteries and an energy density that is almost three times higher than that of diesel. Along with offering a much greater range while being lighter and occupying smaller volumes it can also be recharged in a few minutes

We might get some flack for our next statement but remember this is our bull case for PLUG and it certainly holds some merit. In high heat, or low carbon heating applications hydrogen is the best solution. After all When hydrogen is burnt with pure oxygen the end products are heat and water, that big advantage is that no greenhouse gases, like carbon dioxide, are produced. For a real world example if we stand any chance of meeting the target of net zero carbon emissions, an enormous challenge that will need to be addressed is home heating. A shout out to our UK viewers, warming homes is responsible for between a quarter to a third of the UK’s total greenhouse gas emissions, which is staggering. Considering the UK is trying to reduce carbon emissions to effectively nothing by 2050. That goal seems impossible with current central heating appliances. The attraction of hydrogen is that for a lot of consumers, they wouldn't notice any difference. Of Course we are over simplifying this would require swapping gas networks to hydrogen and maintaining old pipes as hydrogen gas reacts with old metal pipes making them brittle, and of course they would need to find a massive supplier *cough maybe Plug Power*
leading to our next bull case, unlike many other companies in the green space that are driven on complete hype and investor optimism. Plug has actually proven itself in many ways

Simply put the green is flowing into the green energy market, which allows for vast improvements in cost and efficiency. For example in the last decade solar modules are down 90% in cost and wind turbines are down 49%. As technology advances it really does open up new markets for the Plug. Recently they have proven the practicality of hydrogen fuel in forklifts used in warehouses and distribution centers. Which is great but it's a positive sign for potential investors that the company believes this is still early stages in regards to the adaption of hydrogen fuel cells. Currently they’re broadening their applications by developing drones, EV’s, data centers, aerospace, and a ton of other impressive concepts being thrown around.

The company has a long track record of over promising and under delivering, after all that's been the case in regards to the company for over a decade, and many bears argue it's a trap for new investors who have yet to be burned.

Along with this Plug Power has set guidance to achieve 300million in gross billion this year which is a 25% increase in growth year over year however, remember the company is far from profitable.

From a historical standpoint not only has the company not had a single profitable year in the last 20 years, it actually seems to be getting less profitable as opposed to more profitable.

However to be fair it seems as though the company may be changing its direction. As Plug is aiming to have revenues of 1.2 billion dollars in 2024 and to be EBITDA profitable. Of Course it is important to note in a bear case argument.

--TAGS--
plug power stock
plug stock
plug stock analysis
plug power stock analysis
plug power
plug power stock 2020
plug stock news
plug power stock prediction
is plug stock a buy
plug power analysis
plug analysis
plug stock earnings
plug price
plug power stock forecast
PLUG
PLUG Stock
Plug Power stock
is plug power a good stock
plug stock 2020
plug stock forecast
buy plug power stock
plug technical analysis
plug power stock review
plug power inc
Quickstock
Enter

Видео Plug Power PLUG Stock Analysis || Is Plug Stock a Buy?! канала Quick Stocks