Nevertheless, Plug Power is the real deal and an undisputed leader in hydrogen’s role as a powerful decarbonization solution for business. I’m not bold enough to call PLUG The “Tesla of Hydrogen” as InvestorPlace’s Luke Lango has. The thing is Plug Power is building an increasingly sustainable business for an alternative “green hydrogen” fuel source and economy whose time has finally arrived. And surging natural gas prices, which drive much of today’s hydrogen production, are making those red-line items more of an eyesore.īut those are shorter-term headwinds for PLUG. ![]() Tickerįirst, let’s get the ugly stuff out of the way. Let’s look at the reasons why a more sustainable bull market in PLUG stock is likely to emerge and how to buy into that potential more smartly. But it’s time to see the opportunity and look past the fear. From supply chain snarls to inflation at multi-decade highs and hawkish, behind the eight ball central bankers trying to reign in prices while avoiding a recession, it has been a tough environment.Īnd those challenges have been particularly harder for smaller growth narratives, even market leaders like Plug Power whose shares remain down 41% year-to-date and nearly 80% from their multi-decade peak of $75.49 in late January 2021. It’s no secret Wall Street has been a wreck for most stocks in 2022. PLUG stock is up 9% compared the tech-heavy Nasdaq’s gain of 3%. Legal & General Investment Management Ltd.Ĭharles Schwab Investment Management, Inc.The market is rallying for a second straight day and shares of hydrogen champion Plug Power (NASDAQ: PLUG) are enjoying an outsized lift. Goldman Sachs Bloomberg Clean Energy Equity ETFīlackRock Institutional Trust Company, N.A.īlackRock Asset Management Ireland Limitedįidelity Management & Research Company LLC IClima Distributed Renewable Energy Transition L. KraneShares Electric Vehicles and Future Mobilit. Keywords: gas, energy, oil, healthcare, industrials, natural gas, electrical, regional, engines, outdoor, pumps, power generation, generators, switches, hvac, energy storage, lawn, electrical components, light commercial, office retail, power equipment, mowers, alternatorsįirst Trust NASDAQ® Clean Edge® Green Energy Ind.įidelity Electric Vehicles and Future Transporta. The company also offers industrial-grade mobile energy storage systems. The company has developed a line of turn-key energy storage systems for use in residential solar-plus-storage applications. The company designs and manufactures stationary, portable and mobile generators with single-engine outputs ranging between 800 watts and 3,250 kilowatts. ![]() The International segment includes Generac business' Latin American export operations, and the Ottomotores, Tower Light, Pramac, Motortech, Selmec, Deep Sea, and Off Grid Energy acquisitions. The Domestic segment includes the Generac business and the acquisitions that are based in the United States and Canada. Its segments include Domestic and International. The company is engaged in providing power grid software solutions, backup, and prime power systems for home and industrial applications, solar + battery storage solutions, virtual power plant platforms, and engine- and battery-powered tools and equipment. The company is headquartered in Waukesha, Wisconsin and currently employs 8,955 full-time employees. engages in the design and manufacture of power generation equipment and other power products. Keywords: energy, industrials, electrical, cell, engines, airport, generators, electric vehicles, vans, stationary, fuel cell, fueling The Company’s products and services serve the North American and European material handling markets, and primarily supports large to mid-sized fleet, multi-shift operations in high-volume manufacturing and distribution centers. The firm's products include GenDrive, GenFuel, GenCare, GenSure, GenKey, ProGen and GenFuel Electrolyzers. ![]() In addition, the Company manufactures and sells fuel cell products to replace batteries and diesel generators in stationary backup power applications. The firm delivers end-to-end clean hydrogen and zero-emissions fuel cell solutions for supply chain and logistics applications, on-road electric vehicles, the stationary power market, and more. The firm is focused on proton exchange membrane (PEM), fuel cell and fuel processing technologies, fuel cell/battery hybrid technologies, and associated hydrogen and green hydrogen generation, storage, and dispensing infrastructure. The company is headquartered in Latham, New York and currently employs 2,449 full-time employees. provides alternative energy technology, which focuses on the design, development, commercialization, and manufacture of hydrogen and fuel cell systems used primarily for the material handling and stationary power markets.
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