Is Plug Power Stock Overpriced?

Is Plug Power Stock Overpriced?

Renewable energy investments have gained in popularity over the past year. Much of that attention has gone to hydrogen fuel cell maker Plug Power (NASDAQ: PLUG). After it announced several strategic business agreements, and investors drove the stock up about 1,500% since January 2020, some investors are likely wondering whether the stock is overvalued or just getting started.