Short Selling Based on Algorithms: Up To 29.34% Return in 1 Month
Package Name: Industry Package - Tech Stocks
Recommended Positions: Short
Forecast Length: 1 Month (06/05/15 – 07/05/15)
I Know First Average: 7.75%
Recommended Positions: Short
Forecast Length: 1 Month (06/05/15 – 07/05/15)
I Know First Average: 7.75%
Read The Full Forecast
Plug Stock Analysis: Don’t Pull The PLUG On Plug Power Just Yet (PLUG)
Summary
- Revenue has almost quadrupled over the past 5 years to just under $70 million
- Gross Profit Margins are improving and look set to become positive by the year end
- Sales are expanding to unprecedented levels and their clientele base is constantly widening
- Inroads into the automotive market look highly promising and could potentially their most lucrative operation yet
- I Know First’s algorithm is solidly bullish for the upcoming year and foresees a wholly positive future for PLUG stock
Read The Full Story
Plug Power Stock Forecast: Continue Buying this Top Tech Stock
I Know First published a bullish article on Plug Power, a growing hydrogen and fuel cell power company, on Seeking Alpha. Having explained how I Know First’s algorithm works and providing an example of its success in the past, it is worthwhile to see if the algorithm agrees with the bullish fundamental analysis of the company. The three-month forecast for Plug Power is included.
Plug Stock Prediction: Algorithmic Forecast For 2015
Plug Power Inc. (PLUG), an alternative energy technology provider, is engaged in the design, development, manufacturing and commercialization of fuel cell systems for the industrial off-road markets worldwide. Plug Power uses cost-effective solutions to increase productivity, lower operating costs and reduce carbon footprints. Its signature solution, GenKey, provides an all-inclusive package for customers, incorporating GenFuel hydrogen and fueling infrastructure, GenCare aftermarket service and either GenDrive or ReliOn fuel cell systems. Plug Power set for large growth in 2015 Last year was a turning point for Plug Power, as the launch of GenKey, strong sales growth and promising new market initiatives set the company up for an exciting 2015. Sales have soared over the last few quarters on strong demand for its GenKey product, an integrated suite of GenDrive fuel cells and services, but the company sometimes has to contend with choppy revenue recognition. The company’s executives announced lower revenue projections than it was expecting, with the latest revenue projections for 2015 at $100 million. Previous estimates put the revenue projections for the year closer to $120 million.