Plug Power Stock Analysis and Future Prospects
Tuesday, 14 May 2024, 15:46
Plug Power Stock Analysis:
Plug Power aims to raise prices to boost popularity, contradicting economic principles. Roaring Kitty's social media comeback sparks meme stock surge, benefiting Plug Power. Despite a recent loss, analyst Jeffrey Osborne foresees a 34% potential gain in Plug's stock price.
Osborne's Optimistic View:
Plug's hydrogen fuel plant operations in Georgia and Tennessee show promise. Expansion plans aim to increase liquid hydrogen fuel production, expecting higher sales and margins. However, doubters question the sustainability of Plug Power's strategy.
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