Could Plug Power Be a Millionaire-Maker Stock?

Plug Power (NASDAQ: PLUG) has become the poster child for the hydrogen economy. The stock is up 1,170% in two years. That means, if you had invested just $86,000 in Plug Power in July 2019, your investment would have risen to more than $1 million right now.

Obviously, it is easy to find multibagger stocks and their best entry and exit points in the hindsight. The key question today is -- can the stock generate similar returns in the future?

The company makes hydrogen fuel cells, which can produce electricity using hydrogen as an input fuel. The best part of producing electricity using hydrogen fuel cells is that they produce only water vapor as a by-product. There are no other emissions, so it is a completely clean way of producing electricity.

Source Fool.com