Stock Markets1 hour ago (Mar 12, 2022 16:40)
Since 1997, Plug Power Inc (NASDAQ: PLUG) has helped businesses optimize their carbon footprints, and over the past 5 years, produced eye-popping returns for investors.
Since March 2017, Plug Power stock’s 5-year return has outperformed several of the world’s most popular tech and consumer discretionary stocks: Tesla Inc (NASDAQ: TSLA), Ford Motor Company (NYSE: NYSE:F), Microsoft Corporation (NASDAQ: NASDAQ:MSFT), Apple Inc (NASDAQ: NASDAQ:AAPL), Walt Disney Co (NYSE: NYSE:DIS), Netflix Inc (NASDAQ: NASDAQ:NFLX) and Amazon.com, Inc. (NASDAQ: NASDAQ:AMZN).
Plug Power is an innovator of modern hydrogen and fuel cell technology. It has revolutionized the material handling industry with its full-service GenKey solution, which is designed to increase productivity, lower operating costs and reduce carbon footprints in a reliable and cost-effective way.
The company’s GenKey solution couples together all the necessary elements to power, fuel and serve a customer. With proven hydrogen and fuel cell products, the company replaces lead-acid batteries to power electric industrial vehicles, such as the lift trucks customers use in their distribution centers.
Here’s how the returns break down from March 2017 to present:
Tesla is up from $52.30 to $795.35 for a return of 1,420.75%
Ford is up from $12.48 to $16.04 for a return of 28.53%
Microsoft is up from $65.86 to $280.07 for a return of 331.74%
Apple is up from $35.00 to $154.73 for a return of 342.09%
Disney is up from $111.76 to $131.75 for a return of 17.89%
Netflix is up from $145.11 to $340.32 for a return of 134.53%
Amazon is up from $852.31 to $2,910.49 for a return of 241.48%
And finally, Plug Power is up from $1.20 to $24.44 for a return of 1,936.67%
Also Read: Analysis: Is Biden’s Claim That EVs Will Erase ‘Worry About Gas Prices’ Correct?
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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This Clean Energy Company Has A Better 5-Year Return Than Tesla, Ford, Microsoft, Apple, Disney, Netflix And Amazon
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