Plug Power Stock Has Surged 1,000% so Far in 2020, Is It a Buy for 2021?
In a year that has seen impressive rises in several renewable energy stocks, the more than 1,000% rise in the stock of fuel cell supplier Plug Power (NASDAQ: PLUG) has been astonishing. And to think shareholders probably began 2020 hoping for the stock to perform similarly to the 155% gain it had in 2019.
But how about the coming year? Investors who had been watching Plug's story play out from the sidelines this year are likely wondering if it's too late to pick up shares or if the stock is headed for even greater heights in the coming months. Let's take a look at what drove the stock higher in 2020 and what investors can expect in 2021.
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Source Fool.com
