Why Plug Power (PLUG) Stock Continues to Climb

Plug Power (PLUG) shares are rising after an analyst at Wall Street Forensics tweeted that the stock is his top rated forensic pick.
By Tony Owusu ,

NEW YORK (TheStreet) -- Shares of Plug Power (PLUG) - Get Report are up by 8.7% to $2.87 on Tuesday morning, as the stock continues to rise following yesterday's 9.5% gain.

The stock popped after Matt Margolis, chief research analysts at Wall Street Forensics, tweeted that the company is his top rated forensic pick.

The stock spiked sharply following the tweet, and continues to climb today after Margolis published his take on what makes the alternative fuel cell manufacturer so attractive.

Plug is trading on heavy volume today with 4.84 million shares having changed hands so far versus the stock's daily average of 3.28 million shares. 

Separately, TheStreet Ratings team rates PLUG POWER INC as a Sell with a ratings score of D. TheStreet Ratings Team has this to say about their recommendation:

We rate PLUG POWER INC (PLUG) a SELL. This is driven by multiple weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, poor profit margins and generally disappointing historical performance in the stock itself.

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