After Crashing 63% in 2023, Is Plug Power a No-Brainer Buy for 2024?

Skyrocketing as much as 1,000% in 2020, Plug Power (PLUG -1.46%) seemed unstoppable a few years ago. Between the company's newly formed partnerships and management's auspicious five-year outlook, investors' enthusiasm for the fuel cell stock appeared to know no bounds.But it seems that those bounds have, in fact, been discovered in the last couple of years. In 2022, shares of Plug Power plunged 56%, and in 2023, shares have fallen even more precipitously -- about 63%. Should investors who believed the bandw ...