Stocks opened lower this morning, but while we are typing they are starting to rebound. The market is sniffing out a vaccine and stimulus package
Airbnb goes public today and we’ll likely do a stock talk on them tomorrow. DoorDash went public yesterday and shares jumped over 80% for a valuation of about $72B. A food delivery company worth $72B!? Overvalued.
Plug Power is today’s stock talk… A few weeks ago, Electric Vehicles were seeing a ton of hype, but another thing that was being talked about was the future of Hydrogen Vehicles and the use of Hydrogen in general. Plug Power steps right up to bat.. they provide alternative energy technology and specifically the “Design, development, commercialization, and manufacture of hydrogen and fuel cell system.”
Plug Power is another energy name you want in your portfolio. Nikola’s Badger model is designed to run on hydrogen battery cells… there’ll be more to follow, and Plug Power will be plugging along.