Plug Power: Core Hydrogen Holding After The Plug Symposium

Vanit Janthra Investment thesis I have previously written articles on Plug Power (NASDAQ:PLUG)and I continues to reiterate my confidence in the company after attending the Plug Symposium in-person. While Plug Power is affected by the rising rate environment as a currently unprofitable company, I think that it is difficult to time the bottom of the market and would recommend investors accumulate on weakness given the significant upside for patient investors. My investment case for Plug Power is as follows: Plug Power has a strong revenue growth potential, with bold mid-term to long-term revenue targets, as it works through its sales funnel and bring in customers to its hydrogen ecosystem. With the huge opportunity set in the hydrogen economy, Plug Power looks set to benefit from the tailwinds of increasing adoption of and utilization levels of the hydrogen economy. The company has…

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