Plug Power Stock: Is Now a Good Time to Buy?

With the S&P 500 plummeting 32% from Feb. 20 to March 20, it's clear that fear had dug its claws into the majority of investors. Small-cap stocks in particular have felt the brunt of the sell-off as investors have eschewed investments that carry too much risk. During the above-mentioned period, the iShares Russell 2000 ETF, which seeks to track the performance of the Russell 2000 index, for example, plunged 40%. Similarly, Plug Power (NASDAQ: PLUG), a familiar name among small-cap stocks, has also fallen nearly 40% since Feb. 20, when it hit a multiyear high of $6.05.

For younger investors, times like these can be terrifying. More-seasoned investors, however, recognize that steep market sell-offs such as this one are the opportunities to build solid positions and plant the seeds of future growth. So let's zero in on the bull and bear cases regarding Plug Power to determine if today represents a good time for investors to pick up shares.

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Source Fool.com