Plug Power Jolts Higher; Here Are 2 Ways to Play It
Plug Power Jolts Higher; Here Are 2 Ways to Play It News that is propelling shares of the supplier of hydrogen fuel cell systems upward inspires these trade ideas. The sales growth is impressive -- 89.8% for the third quarter after just 19.3% for the second quarter but 119.5% for the first quarter. The share price has exploded higher. Plug Power (PLUG) closed at $25.70 on Monday evening. The shares were trading at $28.28 about a half-hour after the open here on Tuesday. Less than a year ago, in late December, these shares bottomed out at $0.99, two days in a row. That's right. There i...
Source: thestreet.com