As the saying goes: Slow and steady wins the race.
But when you're trying to impress Wall Street you better not be too slow, or your stock will be crushed in an instant. Ballard Power Systems
Growth should continue throughout the year, but investors should keep their eye on gross margins in the process. Gross margin increased just 1%, to 16%, this quarter and management is targeting 30% to 35% in the long term, so there are a lot of improvements that have to take place to get there.
Fuel cells are a growing technology, but the slow and steady race to profitability is taking longer than we might hope. And with General Electric
Cleaning up coal
Just like Ballard Power Systems, FuelCell has failed to reach profitability despite increasing sales over the past year.
I would avoid both fuel cell makers until they can prove they're a steady tortoise that's going to win this race and not one that isn't going to finish at all.
Keep track of fuel cell stocks with our free My Watchlist service.