Plug Power +3% after Roth Capital says outlook has improved

Roth Capital says it is more confident that Plug Power (PLUG +3.1%) can meet its 2014 revenue guidance and bookings target after meeting with company management.

The firm says PLUG appears to be looking to deploy its products at four locations during the current quarter, leaving it well positioned to ship more units than expected; an increase in shipments also will raise its product gross margins.

Roth believes PLUG is reaching a positive turning point with its large customers, but it remains concerned about its valuation and keeps a Neutral rating on the shares.

FCEL +1%, BLDP +1.6%, ZBB +1.9%.

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Comments (4)
  • thotdoc
    , contributor
    Comments (2039) | Send Message
    Plug has become more realistic as an investment with the last two analyst discussions. Not because I believe analysts, but because very large 'wall street' firms are entering opinions. This is quite different than the penny stock pump and dumpers.


    ! bought 630 shares after the fall and added 370 last week on sales news. My plan is to add every other month until I have a position that will make a difference in my portfolio.
    18 Jul 2014, 02:27 PM Reply Like
  • flyerguy1300
    , contributor
    Comments (1140) | Send Message
    I've had PLUG for a while and recently added FCEL to my portfolio. PLUG will continue to rise. Shorts should realize this and go long!!
    18 Jul 2014, 02:42 PM Reply Like
  • GameKing13
    , contributor
    Comments (739) | Send Message
    Thotdoc: you are such an incredible hypocrite. Haven't you been screaming from the rooftops to all how garbage this company is?
    18 Jul 2014, 05:22 PM Reply Like
  • GameKing13
    , contributor
    Comments (739) | Send Message
    This was yo merely a few days ago:


    Don't know if you are kidding.


    If you aren't kidding sell the stock; you don't understand what you have invested in."
    18 Jul 2014, 05:40 PM Reply Like
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