Seeking Alpha

Fuel cell stocks Ballard Power, Plug Power charge higher

  • Today's strength in Ballard Power (BLDP +22.6%) may be traced to a story suggesting that Toyota (TM) will sell a fuel cell car worldwide in 2015, but it just as well could be credited to the stratospheric rise in Plug Power (PLUG +37.5%), whose shares have more than doubled since a Jan. 2 announcement that Q4 orders were above expectations, which may bode well for the fuel cell industry as a whole.
  • BLDP has been making quiet progress toward hitting breakeven; for the first nine months of 2013, it reported revenue of ~$44M, up 65% Y/Y, and gross margin for the first nine months was 25% vs. 17% in 2012 and 13% in 2011.
  • FuelCell Energy (FCEL +13%) is sharply higher today after climbing 27% YTD.
Comments (11)
  • LYogi
    , contributor
    Comments (2264) | Send Message
    A fantastic year already and it is only Jan 7th
    7 Jan, 03:48 PM Reply Like
  • StAlbertFranko
    , contributor
    Comments (43) | Send Message
    Yes it is a great year already. BLD and BlackBerry are making some impressive gains.
    7 Jan, 04:40 PM Reply Like
  • Znooj
    , contributor
    Comments (3) | Send Message
    It makes sense why PLUG is rising. Why on the earth would BLDP and FCL rise with the Toyota News?
    7 Jan, 06:35 PM Reply Like
  • mogulcn
    , contributor
    Comments (28) | Send Message
    at least, bldp is the cell supplier to plug
    8 Jan, 01:22 AM Reply Like
  • Bcharms
    , contributor
    Comment (1) | Send Message
    BLDP is in contract with PLUG
    7 Jan, 07:35 PM Reply Like
  • drhatigan
    , contributor
    Comment (1) | Send Message
    Bldp produce products for clean vehicles
    7 Jan, 07:40 PM Reply Like
  • ae37
    , contributor
    Comments (28) | Send Message
    Toyota + H = FCEL


    #1 Toyota is bringing Fuel cell cars to CA in 2015.
    #2 Fuelcel Energy (FCEL) has the knowhow to build Hydrogen fuel stations.
    #3 Fuelcel has a partnership ready-to-go to build fuel stations in the future.
    #4 State of CA. is getting ready to finance hydrogen fuel stations.


    Question: will FCEL get a piece of the action


    I've looked at 10 Fuel cell companies in CA. ( State Governments like to keep business in their own states)
    One company makes their products in china. Another only makes small fuel cells for use as back up power.
    And the rest look to be energy consultants or managers.
    Not a one of them, is even on the map, to do a project like this.


    So, we'll see.
    Below is some info I believe taken as a whole - makes FCEL the best candidate for CA. hydrogen fuel stations.


    #1 the car


    #2 the pump
    ( picture )


    #3 the partenership


    #4 the money
    ( read 4th paragraph down)
    8 Jan, 12:51 AM Reply Like
  • omarbradley
    , contributor
    Comments (966) | Send Message
    Hyundai will do that this year. After what happened with Sony vis a vis Samsung don't think they don't have ideas as well.
    8 Jan, 01:56 AM Reply Like
  • Doewap
    , contributor
    Comments (876) | Send Message
    Number 2 I consider more bullish for Hydrogenics than for FuelCell, imo.
    8 Jan, 06:25 AM Reply Like
  • Doewap
    , contributor
    Comments (876) | Send Message

    8 Jan, 08:44 AM Reply Like
  • thotdoc
    , contributor
    Comments (1733) | Send Message
    The California Grid Initiative requires grid stabilization using batteries and fuel cells. FCEL has partnered with NRG to sell fuel cells into the initiative and FCE already has working fuel cells for several of the grid energy providers.


    FCE is at profitability now, and when these well as others in the pipeline go through...the stock will sky rocket.


    The grid must be upgraded and the ONLY fuel cell company able to be part of that process, at this point, is FCEL. The company is a monster and getting in now will pay off handsomely.


    Please do DD and you will see what I mean. The size of the sales are enormous. The Dominion fuel cell park sale was $125,000,000.00. That was one park that is providing green electricity at a rate that is competitive with the overall grid rate.
    8 Jan, 11:16 AM Reply Like
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