Since 1997, Plug Power Inc (NASDAQ: PLUG) has helped businesses optimize their carbon footprints, and over the past 5 years, produced eye-popping returns for investors.
Since August 2017, Plug Power stock’s 5-year return has outperformed several of the world’s most popular tech and consumer discretionary stocks: Starbucks Corporation (NASDAQ: NASDAQ:SBUX), Ford Motor Company (NYSE: NYSE:F), Microsoft Corporation (NASDAQ: NASDAQ:MSFT), Apple Inc (NASDAQ: NASDAQ:AAPL), Walt Disney Co (NYSE: NYSE:DIS), Netflix Inc (NASDAQ: NASDAQ:NFLX) and Amazon.com, Inc. (NASDAQ: NASDAQ:AMZN).
Plug Power is an innovator of modern hydrogen and fuel cell technology. It has revolutionized the material handling industry with its full-service GenKey solution, which is designed to increase productivity, lower operating costs and reduce carbon footprints in a reliable and cost-effective way.
The company's GenKey solution couples together all the necessary elements to power, fuel and serve a customer. With proven hydrogen and fuel cell products, the company replaces lead-acid batteries to power electric industrial vehicles, such as the lift trucks customers use in their distribution centers.
Here's how the returns break down from August 2017 to present:
- Starbucks is up from $53.18 to $85.73 for a return of 61.21%
- Ford is up from $10.77 to $15.30 for a return of 42.06%
- Microsoft is up from $72.50 to $282.91 for a return of 290.22%
- Apple is up from $39.37 to $165.35 for a return of 319.99%
- Disney is up from $101.99 to $106.63 for a return of 4.55%
- Netflix is up from $171.40 to $226.78 for a return of 32.31%
- Amazon is up from $48.40 to $140.80 for a return of 190.91%
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