Rewind to a year ago and Plug Power (PLUG) was a high-flying stock. Times change fast on Wall Street, however, and now the hydrogen fuel cell maker sits 25% into the red on a year-to-date basis. Yet, could a shift in sentiment be right around the corner? J.P. Morgan’s Paul Coster thinks so and says the company’s “dedicated leadership team and clear focus on execution across its business domains” leaves it very well-placed to be a hydrogen economy “leader.” Looking at the near-term, Coster believes demand for the company’s core materials handling products remains “strong.
https://www.tipranks.com/news/article/theres-an-opportunity-brewing-in-plug-power-stock-says-j-p-morgan?utm_source=advfn.com&utm_medium=referral
Plug Power (NASDAQ:PLUG)
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Plug Power (NASDAQ:PLUG)
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From Oct 2020 to Oct 2021 Click Here for more Plug Power Charts.