Why I'm Avoiding Plug Power Stock
Plug Power (NASDAQ: PLUG) has been a hot name for years, but it's never been able to translate that into a profitable business. Growth has been tremendous, and the value of the company is up, but shareholders haven't benefited and there's a big reason why, which Travis Hoium digs into in this video.
*Stock prices used were end-of-day prices of March 29, 2023. The video was published on April 2, 2023.
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John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon.com and Walmart. The Motley Fool has a disclosure policy.
Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
