![]() Today, Plug Power’s electric indoor forklifts that are being used by companies ranging from Home Depot (NYSE: HD) to Kroger (NYSE: KR) - another vote of confidence. Plug Power is positioned for big growth over the next decade, as the global economy switches to electric vehicles and looks to lessen the reliance on fossil fuels as a primary power source.įurthermore, the company has attracted i nvestments over the past year from leading brands such as Amazon (NASDAQ: AMZN) and Walmart (NYSE: WMT) - investments that have provided a boost of confidence to PLUG stock. The company manufactures hydrogen fuel-cell systems that replace the conventional batteries used in equipment and vehicles. Latham, New York-based Plug Power is right in the thick of the green revolution that’s now underway. Stellar earnings results have also lifted the stock price higher. ![]() Biden has vowed to ween Americans off fossil fuels and lead them to an environmentally friendly future. and likely to accelerate under the administration of Democratic President-elect Joe Biden. The powerful trajectory has been due to the green shift that is underway in the U.S.
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