Ballard Power Systems Inc. (USA) (BLDP) news: Ballard Power Systems: This 140% Gainer Is Set To Fly Higher - Seeking Alpha
This is a great article about Ballard Power (BLDP) and why the fuel cell market is going to rapidly expand over the next several years. The industry will reportedly grow 22% each year until 2020. Fuel cell cars are now a reality just like electric vehicles, and Ballard has a partnership with Volkswagen. Ballard is also a partner with Plug Power and makes the fuel cell stacks for them. So, Ballard and Plug Power will be growing perhaps exponentially together.
Ballard is expected to grow earnings more than 50% each year for the next two years, and it has plenty of cash on hand. I own Plug Power and I am planning to buy Ballard also in the near future. Fuel cells are here to stay, and there is a good chance that these companies will outperform the S&P 500.
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