Everything Could Change for Plug Power by 2060. Here's 1 Reason to Buy Now, and 2 Reasons Not to.

Plug Power (NASDAQ: PLUG) shares have had a wild ride over the years. Since going public in 1999, the hydrogen stock has lost around 98% of its original value. Over the past 12 months, however, shares have surged by more than 380%.The truth is that Plug Power isn't the company it was in decades past. Today, the company is a bona fide climate change stock, with rising global regulatory tailwinds making its hydrogen fuel systems more economically viable. According to one industry report, "clean hydrogen will grow 100-fold from today ... by 2060." The hydrogen industry growing 100-fold by 2060 provides a long-term foundation of growth for Plug Power despite its relatively paltry $5 billion market cap. Before you jump in, however, there is one key risk to keep in mind.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool