Plug Power's 25-Year Outlook -- Is This Hydrogen Stock a Long-Term Buy?

Plug Power (NASDAQ: PLUG) has a long history. The company was founded in 1997, going public in 1999 near the height of the dot-com boom. Roughly a quarter century after its founding, Plug Power may finally be getting its chance to shine. Adoption of renewable energy continues to climb despite economic and political uncertainty. By 2050, renewable energy could deliver up to two-thirds of the world's power demands. As a leading hydrogen stock, Plug Power is in a promising position. But many questions remain regarding the potential of hydrogen as a fuel source, as well as Plug Power's specific technological approach. But with a market cap under $5 billion, many investors believe the risk is worth the potential reward.Should you take a chance on Plug Power stock in the next 25 years? You may be surprised by the answer.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool