Plug Power Stock Gets a New Buy Rating Because Hydrogen Tech Is Key

76
10
Favorite

Plug Power Stock Gets a New Buy Rating Because Hydrogen Tech Is Key

Barrons2021-06-30

The hydrogen economy can help wean the world off carbon-based fossil fuels such as oil and coal. Plug Power stock is one of the best ways to play the shift, according to RBC. Wednesday, analyst Joseph...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（10）

Wengho
·2021-07-01
Pls like my comment
Reply
1
Report
GIANTOREO
·2021-07-01
Agree
Reply
Like
Report
Francissky
·2021-06-30
Agree, can be better generated as compared to the current green energy that yields too little power
Reply
2
Report
pch1985
·2021-06-30
Interesting. Like pls
Reply
2
Report
Fold Replies
- 心球队长:
  Hi
  2021-06-30
  Reply
  Report
dimsumbuffet
·2021-06-30
Like and comment
Reply
2
Report
Fold Replies
- Lewis1983:
  Ok
  2021-07-01
  Reply
  Report
Kionglee
·2021-06-30
nice
Reply
3
Report
Fold Replies
- Kionglee:
  Nice
  2021-07-25
  Reply
  Report
cspoh89
·2021-06-30
Hydrogen fusion still need fuel bro
Reply
4
Report
Alihuat
·2021-06-30
Oh man.. didnt get it low enu..
Reply
3
Report
Fold Replies
- KS_Lee:
  Wait for some retracement.
  2021-06-30
  Reply
  Report
Airland
·2021-06-30
Give me a coin please
Reply
2
Report
Fold Replies
- T2183coins:
  a coin
  2021-06-30
  Reply
  Report
monikernemo
·2021-06-30
Balalala
Reply
1
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1123014745?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-06-30 22:36","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1123014745","market":"us","top_or_hot":-1,"title":"Plug Power Stock Gets a New Buy Rating Because Hydrogen Tech Is Key","media":"Barrons","content":"<div>\n<p>The hydrogen economy can help wean the world off carbon-based fossil fuels such as oil and coal. Plug Power stock is one of the best ways to play the shift, according to RBC.\nWednesday, analyst Joseph...</p>\n\n<a href=\"https://www.barrons.com/articles/plug-power-stock-buy-rating-hydrogen-power-51625061264?mod=hp_LATEST\">Source Link</a>\n\n</div>\n","source":"lsy1601382232898","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Plug Power Stock Gets a New Buy Rating Because Hydrogen Tech Is Key</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPlug Power Stock Gets a New Buy Rating Because Hydrogen Tech Is Key\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-30 22:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/plug-power-stock-buy-rating-hydrogen-power-51625061264?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The hydrogen economy can help wean the world off carbon-based fossil fuels such as oil and coal. Plug Power stock is one of the best ways to play the shift, according to RBC.\nWednesday, analyst Joseph...</p>\n\n<a href=\"https://www.barrons.com/articles/plug-power-stock-buy-rating-hydrogen-power-51625061264?mod=hp_LATEST\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PLUG","symbol_name":"普拉格能源","start_time":0,"source_url":"https://www.barrons.com/articles/plug-power-stock-buy-rating-hydrogen-power-51625061264?mod=hp_LATEST","article_id":"1123014745","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1123014745","pubTimestamp":1625063808,"columns":[],"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"The hydrogen economy can help wean the world off carbon-based fossil fuels such as oil and coal. Plu","collect":0,"end_time":0,"defaultTopTitle":"barrons.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"PLUG":"普拉格能源"},"translate_title":"普拉格能源股票获得新的买入评级，因为氢技术是关键","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PLUG":0.9},"content_text":"The hydrogen economy can help wean the world off carbon-based fossil fuels such as oil and coal. Plug Power stock is one of the best ways to play the shift, according to RBC.\nWednesday, analyst Joseph Spak launched coverage of Plug Power (ticker: PLUG) with a Buy rating and $42 price target. Plug stock was up 0.4% at $34.21 in early trading on Wednesday. Futures on the S&P 500 and Dow Jones Industrial Average were flat.\nPlug Power makes fuel cells that can run on hydrogen gas. Hydrogen doesn’t generate any carbon dioxide, the main gas blamed for climate change, when burned or used in a fuel cell to generate electricity. Plug Power’s core market is fork lifts, but it aims to expand into other areas, such as heavy-duty trucking, where its fuel cells could be used. Electrolyzer manufacturing and hydrogen production are additional long-term focuses.\nElectrolyzers can make hydrogen and oxygen gas by passing electricity through water. If the electricity comes from renewable power such as solar, then essentially no carbon dioxide is generated anywhere along the hydrogen value chain.\n“Hydrogen is increasingly viewed as a key pillar of de-carbonization strategies worldwide,” wrote Spak in his initiation report. “With a lot of investment and government support, we believe a multi-decade hydrogen transition can occur.”\nThat is good news for Plug Power. But the stock reflects a lot of good news already. The company trades for about 18 times Spak’s estimated annual sales. “The market has looked to Plug as a proxy for hydrogen economy growth,” Spak said. “But the growth is significant, which helps justify the valuation.”\nHis $42 price target is based in part on a discounted cash flow model, which projects cash flows far into the future, as well as a 35 times multiple on the Ebitda of $537 million he projects for 2025. In 2021, Plug is projected to have negative Ebitda—earnings before interest, taxes, depreciation and amortization—and about $85 million in Ebitda in 2022.\nDespite the high valuation, Plug remains a popular stock on Wall Street. With the new Buy rating, two-thirds, or 67%, of analyst covering the stock rate the shares at Buy. The average Buy-rating ratio for stocks in the S&P 500 is roughly 55%.\nAt about $45 a share, the average analyst price target is a little higher than Spak’s call of $42. With shares at about $35, however, both figures imply ample upside for investors.\nComing into Wednesday trading, Plug stock was up less than 1% year to date, but the stock gained 973% in 2020.","kind":"news","is_publish_news":false,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":151287073,"gmtCreate":1625095127792,"gmtModify":1703735871716,"author":{"id":"3586915753992855","authorId":"3586915753992855","name":"Wengho","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3586915753992855","idStr":"3586915753992855"},"htmlText":"Pls like my comment&nbsp;","listText":"Pls like my comment&nbsp;","text":"Pls like my comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/151287073","repostId":1123014745,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":151601419,"gmtCreate":1625075862831,"gmtModify":1703735665225,"author":{"id":"3564160805001456","authorId":"3564160805001456","name":"GIANTOREO","avatar":"https://static.tigerbbs.com/eec389a1a84327ab96266f51dbd8a58a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3564160805001456","idStr":"3564160805001456"},"htmlText":"Agree","listText":"Agree","text":"Agree","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/151601419","repostId":1123014745,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":151122567,"gmtCreate":1625068498459,"gmtModify":1703735473844,"author":{"id":"3585218931609860","authorId":"3585218931609860","name":"Francissky","avatar":"https://static.tigerbbs.com/f55a007d22f3940427855c9cd2490d69","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3585218931609860","idStr":"3585218931609860"},"htmlText":"Agree, can be better generated as compared to the current green energy that yields too little power","listText":"Agree, can be better generated as compared to the current green energy that yields too little power","text":"Agree, can be better generated as compared to the current green energy that yields too little power","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/151122567","repostId":1123014745,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":151101945,"gmtCreate":1625065938487,"gmtModify":1703735378737,"author":{"id":"3587012057086552","authorId":"3587012057086552","name":"pch1985","avatar":"https://static.tigerbbs.com/b538f40d89f62e07590e508fd4810385","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3587012057086552","idStr":"3587012057086552"},"htmlText":"Interesting. Like pls&nbsp;","listText":"Interesting. Like pls&nbsp;","text":"Interesting. Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/151101945","repostId":1123014745,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5082780,"gmtCreate":1625066565066,"gmtModify":1663230343439,"authorId":3578543471370104,"author":{"id":3578543471370104,"idStr":"3578543471370104","authorId":3578543471370104,"name":"心球队长","avatar":"https://static.tigerbbs.com/e854666fe16cc40b3c5446dd51838f7e","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-1","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Boss Tiger","description":"The transaction amount of the securities account reaches $100,000","bigImgUrl":"https://static.tigerbbs.com/c8dfc27c1ee0e25db1c93e9d0b641101","smallImgUrl":"https://static.tigerbbs.com/f43908c142f8a33c78f5bdf0e2897488","grayImgUrl":"https://static.tigerbbs.com/82165ff19cb8a786e8919f92acee5213","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"60.99%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":151101945,"type":1,"supId":0,"prevId":0,"content":"Hi ","text":"Hi ","html":"Hi "}],"langContent":"EN"},{"id":151372422,"gmtCreate":1625065756766,"gmtModify":1703735369483,"author":{"id":"3582022424820445","authorId":"3582022424820445","name":"dimsumbuffet","avatar":"https://static.tigerbbs.com/fe06b97e9acc496fa00bcd782dff161d","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3582022424820445","idStr":"3582022424820445"},"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/151372422","repostId":1123014745,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5085008,"gmtCreate":1625093585152,"gmtModify":1663230353130,"authorId":3570667103076911,"author":{"id":3570667103076911,"idStr":"3570667103076911","authorId":3570667103076911,"name":"Lewis1983","avatar":"https://static.tigerbbs.com/099e9d25c1e6a93e2189500df30fc185","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":151372422,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":151371442,"gmtCreate":1625065657986,"gmtModify":1703735365029,"author":{"id":"3585476576346602","authorId":"3585476576346602","name":"Kionglee","avatar":"https://static.tigerbbs.com/14cdefac3bae8def6c8367f7ecc870d4","vip":1,"crmLevel":2,"crmLevelSwitch":1,"authorIdStr":"3585476576346602","idStr":"3585476576346602"},"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/151371442","repostId":1123014745,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5323243,"gmtCreate":1627194978459,"gmtModify":1663231460150,"authorId":3585476576346602,"author":{"id":3585476576346602,"idStr":"3585476576346602","authorId":3585476576346602,"name":"Kionglee","avatar":"https://static.tigerbbs.com/14cdefac3bae8def6c8367f7ecc870d4","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":151371442,"type":1,"supId":0,"prevId":0,"content":"Nice","text":"Nice","html":"Nice"}],"langContent":"EN"},{"id":151326138,"gmtCreate":1625064535124,"gmtModify":1703735325746,"author":{"id":"3584266379916990","authorId":"3584266379916990","name":"cspoh89","avatar":"https://static.tigerbbs.com/d95a79111efcfb13daa199475d76a12a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3584266379916990","idStr":"3584266379916990"},"htmlText":"Hydrogen fusion still need fuel bro","listText":"Hydrogen fusion still need fuel bro","text":"Hydrogen fusion still need fuel bro","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/151326138","repostId":1123014745,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":151321752,"gmtCreate":1625064491476,"gmtModify":1703735322805,"author":{"id":"3575407991823828","authorId":"3575407991823828","name":"Alihuat","avatar":"https://static.tigerbbs.com/d450d741a6a78a315c768cda177843d8","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3575407991823828","idStr":"3575407991823828"},"htmlText":"Oh man.. didnt get it low enu..","listText":"Oh man.. didnt get it low enu..","text":"Oh man.. didnt get it low enu..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/151321752","repostId":1123014745,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5082717,"gmtCreate":1625066252955,"gmtModify":1663230347046,"authorId":3579578865458065,"author":{"id":3579578865458065,"idStr":"3579578865458065","authorId":3579578865458065,"name":"KS_Lee","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":151321752,"type":1,"supId":0,"prevId":0,"content":"Wait for some retracement.","text":"Wait for some retracement.","html":"Wait for some retracement."}],"langContent":"EN"},{"id":151329116,"gmtCreate":1625064431935,"gmtModify":1703735319213,"author":{"id":"3581989078925763","authorId":"3581989078925763","name":"Airland","avatar":"https://static.tigerbbs.com/7bdb66993de605ced4fc58e90a90b0e2","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3581989078925763","idStr":"3581989078925763"},"htmlText":"Give me a coin please","listText":"Give me a coin please","text":"Give me a coin please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/151329116","repostId":1123014745,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5082627,"gmtCreate":1625065902096,"gmtModify":1663230346833,"authorId":3577340349158062,"author":{"id":3577340349158062,"idStr":"3577340349158062","authorId":3577340349158062,"name":"T2183coins","avatar":"https://community-static.tradeup.com/news/0d4358324c974c4c08fdc4be56560d4a","vip":1,"crmLevel":9,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":151329116,"type":1,"supId":0,"prevId":0,"content":"a coin","text":"a coin","html":"a coin"}],"langContent":"EN"},{"id":151369893,"gmtCreate":1625064142312,"gmtModify":1703735304882,"author":{"id":"3587034973444060","authorId":"3587034973444060","name":"monikernemo","avatar":"https://static.tigerbbs.com/fc2aa28e82fe2c240b2583ac807fb8ac","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3587034973444060","idStr":"3587034973444060"},"htmlText":"Balalala","listText":"Balalala","text":"Balalala","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/151369893","repostId":1123014745,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":76,"commentSize":10,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}