Saturday, January 18, 2014

Plug Power Inc (PLUG): Plug Power Offers Patient Investors More Than 100% Upside, Part II - Seeking Alpha

Plug Power Inc (PLUG): Plug Power Offers Patient Investors More Than 100% Upside, Part II - Seeking Alpha

Here is another very good article by Charles Fox about Plug Power (PLUG).  I own shares of the company, and I plan to buy more shares at some time in the future.  Currently, the stock price is very volatile, but I believe this is a multi-bagger stock over the next several years.  As Charles mentioned in his article, Plug Power is on the verge of profitability this year through its fuel cell forklift sales and recurring hydrogen supply revenue.  Then, they are also working on fuel cell range extenders with a DOE grant of $3 million.  The range extenders nearly double the range that FedEx electric trucks can drive in a day's time.  Thirdly, Plug Power is planning to design and build truck refrigeration units in the near future.  So, great expectations are in store for PLUG.

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