Plug Power Could Disappoint Investors -- Again
Plug Power (NASDAQ: PLUG) has been through its share of boom and bust cycles over the past two decades. Hydrogen has long been seen as a valuable fuel source, once for cars, then for trucks, and now for energy storage. But it's never quite lived up to expectations of being a great growth stock.
That may be changing now that wind and solar energy are cheap enough to start thinking about using "green hydrogen" made from renewable energy, rather than "gray hydrogen" that's derived from natural gas. But before getting too excited, there are some realities investors should keep in mind with this company, and they may be a reason the stock is down 62.9% from its 52-week high.
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Source Fool.com
