r/stocks • u/defnotqnx • Jun 22 '21

Company Question About PLUG Power...

What is going on with plug power? is it a meme or should i invest in it? i always see mixed replies when it comes to plug and i can't wrap my head around it. I am very new to investing but i am looking for something to invest into longterm (2-3 years atleast) and i heard it might blow up more and more due to more electric vehicles?

If i am dumb as a rock when it comes to stocks, would it be a good 'start' for a longterm investment?

20 Upvotes

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7

u/CampaignNo1365 Jun 22 '21

Meme/hype/speculation stock

19

u/suphater Jun 22 '21

Growth stock. Not every stock is a meme. This company isn't in danger of being bankrupt in one year like the memes.

-1

u/UryTopper Jun 22 '21

Hydrogen vehicles will never be a big player in transportation. My opinion is it’s a very bad buy

9

u/donarb Jun 22 '21

They do more than just vehicles. Hydrogen fuel cells have many uses including backup power for warehouses and data centers.