Plug Power Stock Is Cheap, but Does That Make It a Buy Now?

Plug Power (NASDAQ: PLUG) has an exciting backstory, but the facts on the ground for investors are less sanguine. There's a reason its stock price has fallen more than 95% from the all-time highs it hit in 2021. But is that drop an opportunity, or is it just a realistic reflection of the risk that investors face if they buy Plug Power stock?Plug Power is a clean-energy stock, working in the hydrogen niche of the broader energy sector. Hydrogen is clean because using it as a fuel produces two main by-products: heat and water. The heat is used to create power, and the water is, well, a life necessity. In certain cases, producing water and not noxious fumes is a huge positive. Think forklifts inside of a warehouse.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool