Why Plug Power Stock Could Be the Ultimate Comeback Kid of the Decade
PLUGPlug Power(PLUG) InvestorPlace·2024-05-03 03:20

Wall Street continues to dislike Plug Power (NASDAQ:PLUG) because it is losing large amounts of money, and the Street has little or no tolerance for such companies because interest rates are high. Moreover, many of those who believe that higher-for-longer rates will inevitably doom such firms are selling short the shares of companies like Plug Power. They view such names as easy targets. And yet, the longer-term outlook of Plug Power stock remains positive, driven by the continued, relatively rapid progress ...