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Plug Power (PLUG 4.13%) is poised to benefit from the passage of the Inflation Reduction Act in 2022. Plug anticipates receiving funds later this year. Fool.com contributor and finance professor Parkev Tatevosian looks at the ways Plug Power can benefit.

*Stock prices used were the afternoon prices of May 14, 2023. The video was published on May 16, 2023.

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About the Author

Parkev Tatevosian, CFA
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
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Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Plug Power Stock Quote
Plug Power
NASDAQ: PLUG
$3.95
(-4.13%)-$0.17
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Plug Power Stock Could Benefit From the Inflation Reduction Act | The Motley Fool