What Plug Power Must do to Impress Investors

The recent announcement that Plug Power is working on a joint venture in Asia didn't garner lots of love from Wall Street. Here's why.

Tyler Crowe
Tyler Crowe
Apr 25, 2014 at 1:45PM
Energy, Materials, and Utilities

Fuel cell system manufacturer Plug Power's (NASDAQ:PLUG) recent deals have usually sent the company's shares skyrocketing. But a new joint venture agreement signed with Korean conglomerate Hyundai Hysco didn't seem to garner the attention that many other announcements have. This deal could actually mean something to the company in the grand scheme of things, securing Plug Power another source of fuel cells for its lead acid battery replacement systems and providing headway into the Asia-Pacific market. Despite the positive news of this deal, it's still just news, and that is perhaps a small signal that investor expectations are changing for this company, as they rightly should.

For Plug Power to really start to make investors feel more secure the company must focus on one thing more than anything else. Find out what that is by tuning into the video below.