Sell Plug Power Stock Despite Recent Moves Higher [Yahoo! Finance News]
Plug Power, Inc. (PLUG)
Last plug power, inc. earnings: 3/5 07:00 am
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US:NASDAQ Investor Relations:
ir.plugpower.com/home/default.aspx
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Source: Yahoo! Finance News
Is Plug Power (NASDAQ:PLUG) stock unstoppable? Since Feb. 14 alone, shares in the hydrogen fuel cell company have rallied nearly 20% -- and currently, PLUG stock is trading for more than $5 per share. On the heels of Tesla (NASDAQ:TSLA), the market is buoyant on what InvestorPlace contributor Ian Bezek calls "the big green energy wave."Source: Shutterstock However, as shares head northward to prior year highs, are we reaching the top? Plug Power bears, such as myself, have been proven wrong in the past year. Based on the current trajectory of PLUG stock, it's definitely possible shares could hit $8 per share and beyond as they did in 2014.Nevertheless, as strange as it may seem, now may be the time to sell PLUG stock. With hype going parabolic, Plug Power shares are "priced for perfection." While new developments could mean more upside, fundamental flaws to the company's business model persist.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSo, let's dive in and see why
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PLUG
News
- Electrolyzers Market worth $78.01 billion by 2030 | MarketsandMarkets™ [Yahoo! Finance]Yahoo! Finance
- Plug Power: Trending Positive, But The Momentum Is Tenuous [Seeking Alpha]Seeking Alpha
- Three Reasons Why PLUG is Risky and One Stock to Buy Instead [Yahoo! Finance]Yahoo! Finance
- retail investors who own 46% along with institutions invested in Plug Power Inc. (NASDAQ:PLUG) saw increase in their holdings value last week [Yahoo! Finance]Yahoo! Finance
- Why Europe's Hydrogen Economy Dreams Remain Just That [Yahoo! Finance]Yahoo! Finance
PLUG
Earnings
- 11/12/24 - Miss
PLUG
Sec Filings
- 11/26/24 - Form 8-K
- 11/25/24 - Form 4
- 11/25/24 - Form 8-K
- PLUG's page on the SEC website