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Wednesday
Nov132013

Icing on the Cake

DateWednesday, November 13, 2013 at 2:16PM | by AuthorJennifer Galperin | CommentPost a Comment

Today's news on PLUG highlights the feasibility of additional uses for hydrogen powered fuel cells.  PLUG's core business, forklifts, is enough to bring the company to profitability next year, assuming they meet revenue targets.  Any additional applications, such as powering refrigeration units for cold transportation, are in our opinion icing on the cake.  And there are plenty of potential applications such as this with existing PLUG customers.  With enough icing, this cake could turn into a beautiful tiered wedding cake.

 

PLUG earnings are scheduled to be announced tomorrow morning.  I will be listening to the conference call at 10am.  Will you?

 

Written by Jennifer Galperin.  Follow me on Twitter and StockTwits.

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    - Investment - Icing on the Cake

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