![]() ![]() But Plug Power uses clean electricity sources such as solar and wind. Instead of using natural gas or coal, the company is producing it with a process called water electrolysis. The company focuses on producing clean hydrogen in order to address the dirty history of hydrogen production. Plug Power (Nasdaq: PLUG) is a company with headquarters in Latham, New York. We’ll take a look at how Plug Power stock is doing and whether it’s really worth investing at this stage. But as with any emerging industry, there is always a caveat, or more. ![]() So this would appear to be a good bet for the future. Plug Power is a pioneer in green hydrogen technology. And given the concerns about global emissions, hydrogen can be the solution to cut back on or eliminate emissions in both areas. Likewise, manufacturing plants often rely on the burning of fossil fuels in their processes. This is a problem for commercial vehicles. While electric vehicles are widely considered the next big thing in consumer passenger vehicles, battery packs are very heavy. Plug Power stock is one of the companies working to remove emissions from hydrogen production completely.ĬO2 emissions is an issue both for manufacturing facilities and for vehicles. However, while hydrogen vehicles only emit water vapor, fossil fuels are often burned in the process of producing hydrogen. Hydrogen is seen as a potential solution. And global emissions have been on the rise. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.Climate change is a persistent theme in many discussions this decade. NASDAQ data is at least 15 minutes delayed. NYSE and AMEX data is at least 20 minutes delayed. Real time prices by BATS. Delayed quotes by FIS. Visit to get our data and content for your mobile app or website. Visit Performance Disclosure for information about the performance numbers displayed above. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. The monthly returns are then compounded to arrive at the annual return. ![]() A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. These returns cover a period from Januthrough May 15, 2023. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.17% per year. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. and Morningstar, Inc.Ĭopyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606Īt the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Forbes Media, LLC Investor's Business Daily, Inc. Each of the company logos represented herein are trademarks of Microsoft Corporation Dow Jones & Company Nasdaq, Inc. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.Ģ. Zacks Style Scores Education - Learn more about the Zacks Style Scoresġ. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. As you might remember from your school days, an A, is better than a B a B is better than a C a C is better than a D and a D is better than an F.Īs an investor, you want to buy stocks with the highest probability of success. Within each Score, stocks are graded into five groups: A, B, C, D and F. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score. The scores are based on the trading styles of Value, Growth, and Momentum. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. ![]()
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