Sneha Shah
Long/short equity, research analyst, tech, solar

Ballard Power Systems Is A Dead Investment

Ballard Power Systems (NASDAQ:BLDP) is a producer of proton exchange membranes (PEM) hydrogen fuel cells which it sells to telecom towers, forklifts and bus companies. The company has been listed since 1995 on the Nasdaq stock exchange. The company saw its stock price soar, after its listing as fuel cells for the automotive market became a big investing theme. However, fuel cell technology failed to meet its promise as it proved to be uneconomical. Ballard sold its automotive fuel cell business to Daimler and Ford in 2007 to concentrate on developing the cells for industrial applications. The company now sells fuel cells to Plug Power (PLUG) as well as bus companies and forklift operators.


Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details