Is Plug Power Stock a Buy?
Plug Power(PLUG) The Motley Fool·2024-04-10 08:52
The company's new plant is online. Is that enough to make the stock a buy?There's a push for corporations to lower their carbon footprints, and hydrogen is a clean fuel source because it only produces water as a byproduct. Plug Power (PLUG 4.17%) has spent years billing itself as the leading hydrogen fueling company.But today, the stock hovers near its 52-week lows. The company's new large hydrogen facility is ramping up, a considerable development. Should investors buy Plug Power for its long-term potentia ...