Mar. 4, 2014, 2:37 PM
- The biggest beneficiaries from news of Tesla's expansion in Europe and big move in batteries via its Gigafactory plans are fuel cell makers like Plug Power (PLUG +11.6%), Ballard Power (BLDP +18.6%) and FuelCell Systems (FCEL +20.1%); shares of each are surging past 52-week highs (again).
- Fuel cell makers also have been on a tear since PLUG announced last week a deal with six Wal-Mart distribution centers, and investors are betting that PLUG's success will lead to similar performance from its peers.
- Also: ZBB +49.9%, ABAT +9.8%, ENS +3.4%, ULBI +2.8%.
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