1 Reason I'm Still Holding on to Hope for Plug Power Stock

It hasn't been an easy journey for long-term Plug Power (NASDAQ: PLUG) investors. Since going public in 1999, shares have lost more than 99% of their value.With a market cap of just $2 billion, however, some investors believe this beaten-down growth stock is finally cheap enough for renewed consideration. The artificial intelligence (AI) revolution, it turns out, could benefit the company's bottom line in a bigger way than the market realizes.At its core, Plug Power is a hydrogen stock. That is, it designs and builds hydrogen fuel systems that can power industrial use cases. While it's possible to produce hydrogen from natural gas or from electrolysis, some experts believe that so-called "green" hydrogen will be the industry's long-term future. This type of hydrogen is produced using renewable energy, making it a reliable source of clean energy for industrial processes.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool