The Crowd Is Dumping Plug Power. Here's Why I'd Be Buying It Down 40%.
Key takeaways
- PLUG NVDA Plug Power s (NASDAQ: PLUG) stock hit a 52-week high of $4.58 per share on Oct. 6, 2025.
- But since then, Plug Power s stock has declined more than 40% amid fears of interest rate hikes, reduced clean energy subsidies, and the sluggish adoption of hydrogen technologies.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
PLUG NVDA Plug Power s (NASDAQ: PLUG) stock hit a 52-week high of $4.58 per share on Oct. 6, 2025. At the time, investors were impressed by the hydrogen company s accelerating sales growth and narrowing losses, and it looked like a bargain relative to its long-term growth potential.
But since then, Plug Power s stock has declined more than 40% amid fears of interest rate hikes, reduced clean energy subsidies, and the sluggish adoption of hydrogen technologies. However, I believe the pullback represents a good buying opportunity for bold investors.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »