Bruce Pile
Long only

Is Kemet Next In The Fuel Cell Fireworks?

Are you looking for hydrogen fuel cell stocks that haven't been blitzed into the unstable stratosphere lately? You may want to think about Kemet (NYSE:KEM). The hydrogen fuel related stocks are all following Plug Power (NASDAQ:PLUG) being ignited into flight in the aftermath of Wal-Mart converting its massive warehouse forklift fleet over to fuel cells in lieu of the conventional batteries. Wal-Mart is perhaps the most cost-controlled outfit on the planet, and it likes the cheaper operation of fuel cell forklifts over the constant charging, switching, and replacement of lead-acid batteries. This, according to Kemet, is often more than the cost of the forklift itself over its lifetime. Wal-Mart has purchased about 1700 fuel cell units...

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