Back to top

Image: Bigstock

Plug Power (PLUG) Catches Eye: Stock Jumps 7.5%

Read MoreHide Full Article

Plug Power, Inc. (PLUG - Free Report) was a big mover last session, as the company saw its shares rise nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $2.64 to $3.49 in the past one-month time frame.

The company has seen a mixed track record when it comes to estimate revisions of two increase and one decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Plug Power currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Investors interested in the Manufacturing – Electronics industry may consider a better-ranked stock like AZZ Inc. (AZZ - Free Report) , which carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is PLUG going up? Or down? Predict to see what others think:Up or Down

Biggest Tech Breakthrough in a Generation

Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.

A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.

See 8 breakthrough stocks now>>


In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


AZZ Inc. (AZZ) - free report >>

Plug Power, Inc. (PLUG) - free report >>

Published in