Plug Power Inc (PLUG)

[Good Timer]

JB- When doing the comparison you suggest, might I suggest those companies be viewed when they were at the same stage of development PLUG is at now?

I remember AAPL nearing bankruptcy and needing a huge infusion of cash from its main rival MSFT to remain in existence. At one point they had less than 90 days of cash in the bank. https://medium.com/illumination/how-microsoft-saved-apple-and-why-they-did-it-635f4fc8b058 So far PLUG hasn't needed a white knight to save them.

In 2017, AMZN had only posted a handful of profitable quarters and yet sported a $470 billion market cap. https://www.forbes.com/sites/jonmarkman/2017/05/23/the-amazon-era-no-profits-no-problem/?sh=5c93c18a437a Growing revenue without immediate concern about profits? Does that sound like anybody we know?

As for TSLA, this article from 2018 details its need to keep raising capital in order to fund its large losses highights the difficulties in bringing a game changing product to market before the market even knows it wants it. TSLA had amassed $9 billion in losses. https://www.forbes.com/sites/jimcollins/2018/04/25/a-brief-history-of-tesla-19-billion-raised-and-9-billion-of-negative-cash-flow/?sh=6cedca0b3d65

In summation, I understand PLUG has had an even harder row to hoe than these companies, due to its farsighted prediction of a hydrogen economy being farther from realization than smart phones, online shopping, and BEVs, but, much credit due to Andy, the world is finally ready to embrace his vision. Will PLUG grow to the stature of AAPL, AMZN, and TSLA? Nobody knows the answer for sure, but we can be sure the budding hydrogen economy promises to eclipse all of their markets in total annual market value, and PLUG is staking out a sizeable worldwide claim in that economy.

Battered and bruised, after years of proving the worth of a hydrogen future to a resisting world, PLUG moves forward with over $3 billion in the bank, partnerships with world class companies across the globe, and a federal government prepared to throw hundreds of millions of dollars their way.

I'll take my chances with PLUG.