Plug Power (PLUG)

Jul 26, 2021Trade Ideas

On July 21, we highlighted an opportunity in Cassava Sciences (SAVA), as it traded at $94.31. This morning, it’s set to open at $129 a share, and could push even higher.

Then, on July 22, we highlighted an opportunity with Facebook (FB), which opened at $346.50. It’s set to open at $370.85 this morning.

We’d love to hear how you’re doing with these opportunities if you have a chance.

As for new trade ideas, take a look at Plug Power (PLUG).

Citi analyst P.J. Juvekar just initiated coverage of the stock with a buy rating, with a price target of $35. lug Power is “leading the way” in the nascent hydrogen economy, which is “at the cusp of a breakout,” Juvekar tells investors. Plug has “positioned itself at the center of the hydrogen economy” with its unique vertical integration from making electrolyzers to hydrogen production, delivery and building fuel cell modules, Juvekar said, as quoted by TheFly.

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