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Forget Plug Power, These Unstoppable Stocks Are Better Buys
PLUGPlug Power(PLUG) The Motley Fool·2024-02-21 12:14

Plug Power (PLUG -5.81%) believes its focus on building a leading hydrogen network will lead to robust growth over the next few years. The company estimates it can grow its revenue from $1.2 billion last year to $20 billion by 2030, a 50% compound annual rate. However, its troubling financial picture could stunt its growth. Because of that, investors should forget about investing in Plug Power and consider Brookfield Renewable (BEPC -1.42%) (BEP -1.51%) and NextEra Energy (NEE -0.74%) instead. While they do ...