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Plug to Find Resistance at $3.80 in 2024 (50% Chance)

Long
NASDAQ:PLUG   Plug Power, Inc.
PLUG is a risky investment for 2020, as I am not certain that it will hold its price or increase.

CNN Business thinks the following for the next 12 months:

"The 8 analysts offering 12-month price forecasts for Plug Power Inc have a median target of 4.00, with a high estimate of 6.00 and a low estimate of 2.75. The median estimate represents a +29.45% increase from the last price of 3.09."

Given Motley's analysis however www.fool.com/investi...tter-growth-sto.aspx , it is indicated that PLUG is just a cash hungry company that's burning through it faster than it can make it for the last 2 decades. On the other hand, simplywallst (site) sees the fair value as around $8. Even with that being said, the analysis from SimplyWallSt indicates that the company will continue to be unprofitable in the next 3 years.

Motley advises that TELL is a better stock option in hydrogen fuel cells than PLUG. I have not researched TELL as I am invested into PLUG for the past few days and don't have interest at the moment to trade into TELL and out of PLUG. The next time I invest, I will evaluate TELL and determine if I should diversify into them and will provide an analysis if that occurs.

However, what I will leave you with is this on the PLUG side. The average board member has been serving with them for 9.2 years. The average age of the board members is 62 years old. In the last 3 months, 2 insiders bought 112,286 shares of PLUG. On the TELL side we see that the CEO has been with them for under 3 years, and 1 insider has purchased 42,320 shares in the last 3 months (roughly the same monetary amount as on the PLUG side).

When looking at the stewardship and profitability of TELL vs PLUG, what stands out most is the following: "TELL is unprofitable, and losses have increased over the past 5 years at a rate of -27.6% per year."

TELL forecasted future growth from nearly a dozen analysts = -16.9% in the next year.
PLUG forecasted future growth from half a dozen analysts = 56.5% in the next year.

Your choice. I made mine when it comes to hydrogen cell stocks and am not backing out any time soon.
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