Here's Why These Fuel Cell Stocks Skyrocketed As Much As 113% in November

Shares of Ballard Power Systems (NASDAQ: BLDP), Bloom Energy (NYSE: BE), and Plug Power (NASDAQ: PLUG) soared 20%, 47%, and 113%, respectively, in November, according to data from S&P Global Market Intelligence.

While the market celebrated a strong third-quarter earnings report from Bloom Energy, investors were moved by different factors in the cases of Ballard Power and Plug Power. For Ballard and Plug, Q3 earnings reports were less than electrifying. But investors were happier about what Wall Street analysts thought about the two companies, suggesting that the future looked bright for these hydrogen-focused growth stocks. 

Image source: Getty Images.

Continue reading

Source Fool.com