Is Plug Power About to Turn the Corner?

While electrification gets a lot of headlines, energy investors shouldn't overlook hydrogen as a potential growth area in the decarbonization economy. It's easily stored and transported, and it's combustible. That offers a lot of advantages over solar and wind power, which are only present intermittently and subject to expensive battery storage.Plug Power (NASDAQ: PLUG) has invested aggressively to become a leader in the burgeoning hydrogen economy. However, the company has gotten over its skis, taking on massive losses as it builds out its infrastructure, while diluting shareholders to raise cash for the effort.But with its stock down more than 99% from all-time highs and now just trading around just 60% of book value, is the stock worth a look? There were, after all, some improvements in its recent quarter naysayers shouldn't overlook. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool