Jan. 24 at 3:14 PM
$PLUG
Hydrogen is getting closer to being a real, cost-competitive fuel, but it still needs time and capital to become āincumbent.ā
The industry has a clear cost roadmap (think the DOEās āmake clean hydrogen cheapā targets), and policy/scale are pushing the economics in the right direction. At the same time, hydrogen build-outs still require heavy upfront investment before they can compete everywhere on pure fuel cost.
Thatās why Iāll give
$PLUG a fair nod: theyāve done what they can on the shareholder side to keep funding options openāextra outreach, second vote efforts, and a path to create more room for financing. Whether itās a higher share cap or a reverse split, the goal is the same: restore dilution runway to fund hydrogen until itās mainstream.
If you want less cash burn sooner, Iād lean toward
$BE or
$FCEL because they can use incumbent natural gas now to meet near-term demand (including AI/data centers) and still transition toward hydrogen later.
