Category: Trucking News

Plug Power Stock Is a Winner, But How Much Higher Can It Go?

Wall Street has been looking at Plug Power (PLUG) of late, and investors seem to like what they see. Shares of the fuel cell pioneer have risen on wild momentum and tremendous second-quarter results, soaring over 300% year-to-date.It also doesn’t hurt that Plug’s modus operandi is based in a very “now” trend. Expectations are high that hydrogen fuel-cell makers will be able to provide green energy to all sorts of places wind and solar power can’t access. Furthermore, it is anticipated the ESG (Environmental, Social and Governance) investing trend will only gather pace as the decade progresses.PLUG’s business is progressing, too. On Wednesday, the company announced it is launching a 1kW ProGen fuel cell system to operate in small scale robotics, unmanned aerial vehicles (UAVs), automatic guided vehicles (AGVs), and various aerospace applications.The new light-weight fuel cell system uses compressed hydrogen for its fuel and is based on tech developed by...

Is $20 in the Cards for Plug Power Stock?

When I finished my last article about Plug Power (NASDAQ:PLUG), I was wondering when PLUG stock would hit $20. And that was after I said it was ready to plow through $10.Source: petrmalinak / Shutterstock.com Well, I wrote about Plug Power on July 15. And at the time, it was trading around $9. That said, not only has it moved a buck higher over the past month, but it's also climbed to nearly $12.80 as of this writing -- within $1.55 of its 52-week high. You have to go back to 2008 to find a higher share price.Overall, Plug Power is riding the wave of alternative energy popularity. But, can it last long enough for PLUG stock to hit $20?InvestorPlace - Stock Market News, Stock Advice & Trading TipsI think it can, but it likely won't be until some time next year. And here's why. The Markets Are FrothyForbes senior contributor...

20 Best Blue-Chip Stocks for 2020 and Beyond

Blue-chip stocks are often regarded as some of the best stocks to buy on Wall Street. Why?Because the companies behind the blue chips are supposed to be the cream-of-the-crop. Large-cap titans of industry, with long histories of growth, strong management teams, rock-solid balance sheets, robust future growth prospects and tons of visibility to long-term gains in revenues, profits and the stock price.In other words, these are the stocks that you want to buy today, and hold for the next 5 to 10 years, because strong fundamentals will power these stocks materially higher in the long run.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Buy-and-Hold Stocks to Own Forever With that in mind, here are my 20 favorite blue-chip stocks to buy for the 2020s: * Facebook (NASDAQ:FB) * Coca-Cola (NYSE:KO) * Apple (NASDAQ:AAPL) * Nike (NYSE:NKE) * Adobe (NASDAQ:ADBE) * Microsoft (NASDAQ:MSFT) * McDonald's (NYSE:MCD) * Intel...