Plug Power | Higher High?One of my go-to stocks with an excellent looking TA. Hydrogen stocks are populair at the moment among the renewable energy market. The increased interest and adoption of fuel-cells solutions, and future hydrogen stations, makes Plug Power Inc. an interesting stock to put on your radar. Moreover, it will be even more interesting when it can benefit from the Biden-Harris ‘ticket’ and their $2 trillion climate plan.
Additional Info:
• November 9, PLUG will announce Q3 2020 results (the company had some difficulties regarding achieving profitable growth, but are now in the good direction).
• Plug Power remains on track with the ‘Gigafactory’ and its $1.2B revenue plan.
• Plug Power’s largest customers like Amazon, Walmart and Kroger are benefiting from strong demand for its products.
• Plug Power vertically integrated two hydrogen companies, which grown Plug Power’s opportunities.