11.45 +0.08 (0.70%)
Pre-Market: 6:50AM EDT
|Bid||0.00 x 900|
|Ask||11.55 x 2900|
|Day's Range||11.07 - 11.59|
|52 Week Range||3.44 - 14.20|
|Beta (5Y Monthly)||2.34|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||10.82|
Ballard Power Systems (NASDAQ: BLDP), one of the few opportunities for those looking to a fuel-cell-powered future, has been a shocking surprise for investors so far in 2020. While the S&P 500 has dipped 6% since the start of the year, shares of Ballard have soared nearly 45%, extending the impressive run that the stock had through 2019. In addition to the stock's performance, the company itself has recently electrified investors' hopes as it reported a company-best Q1 performance, generating revenue of $24 million.
The analysts might have been a bit too bullish on Ballard Power Systems Inc. (TSE:BLDP), given that the company fell...
Image source: The Motley Fool. Ballard Power Systems Inc (NASDAQ: BLDP)Q1 2020 Earnings CallMay 6, 2020, 11:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorThank you for standing by.
Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) today announced a purchase order from Solaris Bus & Coach S.A. ("Solaris"; www.solarisbus.com), a leading European bus and trolleybus manufacturer headquartered in Bolechowo, Poland, for 20 of Ballard's new 70 kilowatt heavy-duty FCmove™-HD fuel cell modules.
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
If you own shares in Ballard Power Systems Inc. (TSE:BLDP) then it's worth thinking about how it contributes to the...
Don't be fooled by the sudden jump in the price of oil or its impact on the broader markets. If long-term investors want more green in their portfolio, they ought to look at these three up-and-coming clean energy stocks.It's been a disappointing week for growth investors, who have been holding their breath for a key, market-based follow-through day (FTD) to emerge. And following a resoundingly terrible jobs report, an FTD is yet to emerge, with major indices modestly in the red and a recent rally off lows looking more and more like a dead cat bounce than a meaningful bottom.Yet despite current volatility, the price of oil and select energy stocks has many on Wall Street gushing with fresh optimism.InvestorPlace - Stock Market News, Stock Advice & Trading TipsFollowing a move by China to restock its strategic petroleum reserve and President Trump asserting Russia and Saudi Arabia could soon end their oil supply war, the price of oil is sweeping higher off multi-decade lows for a second straight session. In its wake, many badly-beaten oil and gas stocks have caught a temporary lifeline and surged higher including large caps Chevron (NYSE:CVX) and ExxonMobil (NYSE:XOM). Thank god, right?Bottom-line, bullish price action in CVX stock, XOM and other well-capitalized companies could prove important to more than just those companies' shareholders. Continued strength in these industry titans could help with a broader technical recovery. * 7 Telecom Stocks That Are Worth a Close Look Still, for investors' with their eye on the future and more sustainable growth off and on the price chart, these stocks should be on the radar. Energy Stocks to Buy: Ballard Power Systems (BLDP) Source: Charts by TradingViewBallard Power Systems (NASDAQ:BLDP) is the first of our energy stocks to purchase. The $1.8 billion small-cap has been around for decades, even lurking around the darker alleys of Wall Street in days gone by. But the proton-based fuel cell play has turned the corner over the past year.Sales have been growing at Ballard Power, with the latest quarterly results delivering top-line sequential increase of 47% on revenues of $41.9 million. At the same time, year-over-year gains of 10% suggest Ballard's technologies are finally coming of age within the energy markets. And while it's not all rainbows and sunshine for BLDP stock just yet, forward-looking investors have shown a healthy interest over the past year.Currently, this energy stock has corrected to challenging a key support zone backed by multiple Fibonacci levels and prior intermediate highs. Our view is BLDP is a name to pick up on weakness, once a healthier market climate is confirmed with a follow-through day. Enphase Energy (ENPH) Source: Charts by TradingViewThe next of our energy stocks to buy is Enphase Energy (NASDAQ:ENPH). Prior to the COVID-19 pandemic, shares of this $3.5 billion solar mid-cap were on fire with growth investors. And for good reason too, as ENPH stock sports superior earnings and sales trends, and profitability besides.Technically, the correction-turned bear market has allowed shares of Enphase to pull back squarely to the intersection of growth and value on the price chart. I discussed as much in mid-March here on InvestorPlace. And that approval bears repeating given ENPH stock's ability to hold this area and integrity of its momentum-based uptrend. * 7 Telecom Stocks That Are Worth a Close Look Net net, if we're graced with a market-based FTD signal, this is another leading energy stock to pick up at advantageous prices. First Trust Clean Energy ETF (QCLN) Source: Charts by TradingViewThe last of our energy stocks to buy is the First Trust Clean Energy ETF (NASDAQ:QCLN). For investors that might otherwise shy away from buying individual growth companies, or who simply like the idea of diversifying within this area under one umbrella product, QCLN is an interesting play.Among this ETF's top holdings are Tesla (NASDAQ:TSLA), Brookfield Renewable Partners (NYSE:BEP), Albemarle Corp (NYSE:ALB), Hexcel (NYSE:HXL) and SolarEdge Technologies (NASDAQ:SEDG). That's a mix spanning the myriad possibilities of a greener future of renewable energy. It also smartly offers investors pure-play growth and more value-driven established companies.Technically and at its recent lows, the ETF's coronavirus-driven correction has put together an 'undercut' double-bottom pattern. The price action is made more compelling as the ETF has recently tested longer-term uptrend support and a 62% retracement level tied to its 2012 low.Bottom line, should a low become a more meaningful bottom in the broader market, QCLN is a great spot to park some money in energy stocks. And depending on investors' risk-tolerance, it may be okay for a test drive today as well.Disclosure: Investment accounts under Christopher Tyler's management own positions in First Trust Clean Energy ETF (QCLN), but no other securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional market insights and related musings, follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 25 Stocks You Should Sell Immediately * 1 Under-the-Radar 5G Stock to Buy Now * This Stock Picker's Latest Video Just Went Viral * The 1 Stock All Retirees Must Own The post Bet On a Greener Future With These 3 Energy Stocks appeared first on InvestorPlace.
Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) today announced that the Globe and Mail's Report on Business magazine has named Ballard in its inaugural "Women Lead Here" list, which identifies 73 Canadian companies at the forefront of women in leadership positions. For this first annual survey, Report on Business evaluated hundreds of companies in order to identify those named in this year's list, with the intention of setting a benchmark for gender diversity in corporate Canada.
Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) today announced a purchase order from Solaris Bus & Coach S.A. ("Solaris"; www.solarisbus.com), a leading European bus and trolleybus manufacturer and Ballard partner headquartered in Bolechowo, Poland, for 25 of the Company's new 70 kilowatt heavy-duty FCmove™-HD fuel cell modules.
Ballard Power beat Q4 revenue estimates, and Fuel Cell Energy got a green light on a hydrogen-power project for Toyota.
NEW YORK, NY / ACCESSWIRE / March 5, 2020 / Ballard Power Systems, Inc. (BLDP) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on March 5, 2020 at 11:00 ...
Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) today announced consolidated financial results for the fourth quarter and full year ended December 31, 2019. All amounts are in U.S. dollars unless otherwise noted and have been prepared in accordance with International Financial Reporting Standards (IFRS).
By Harry Boxer, TheTechTrader Here are four stocks in a range of industries that are testing or just above key resistance levels. Advanced Micro Devices, Inc. (NASDAQ: AMD ) jumped $1.58 to $56.98 on 70 ...
We think that it's fair to say that the possibility of finding fantastic multi-year winners is what motivates many...
Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) will hold a conference call on Thursday, March 5, 2020 at 8:00 a.m. Pacific Time (11:00 a.m. Eastern Time) to review fourth quarter and full year 2019 operating results.
Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) today announced that the Company's proton exchange membrane (PEM) fuel cell technology and products have now successfully powered Fuel Cell Electric Vehicles – or FCEVs – in commercial Heavy- and Medium-Duty Motive applications for an industry-leading cumulative total of more than 30 million kilometers (18.5 million miles) on roads around the globe.
FuelCell Energy (NASDAQ:FCEL) often gets compared to Plug Power (NASDAQ:PLUG). Although FCEL stock has also had some momentum recently, it's a tenuous comparison.Source: Kaca Skokanova/Shutterstock Both companies ostensibly are "fuel cell" plays, yet their operating models are completely different. After all, Plug Power uses fuel cell technology to power forklifts and other electric vehicles. FuelCell Energy, however, is in the power generation business. Its model sits much closer to Bloom Energy (NYSE:BE) than to Plug Power.That said, from a financial standpoint, the grouping of FCEL and PLUG -- not to mention Bloom Energy and Ballard Power Systems (NASDAQ:BLDP) -- does make some sense. Fuel cell stocks as a whole have been notorious destroyers of investor capital.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBoth PLUG stock and FCEL stock have lost more than 99% of their value from past peaks. FuelCell Energy stock, in fact, is down nearly 99% just in the last five years.The entire sector has just a handful of profitable quarters -- and not a single full year of positive earnings. Fuel cell stocks have always been tantalizing, and seemingly always just a year or two away from finally fulfilling their promise. Disappointment, without exception, has followed. * 10 Cheap Stocks to Buy Under $10 But Plug Power has managed to execute an intriguing turnaround of late, with its shares up 173% over the past year. FCEL stock has seen similar optimism, with shares gaining a stunning 1,500% from a Jun. 26 intraday low.Even with those gains, however, its turnaround is in the earlier stages -- which means it might be the next fuel cell stock to soar, or once again the next to disappoint. The Case for FCEL StockThe gains of late aren't quite as impressive as they seem. The June lows came just before FuelCell itself warned of a possible bankruptcy filing. Shares, somewhat incredibly given the fierce rally of late, still are down 68% over the past year.But FuelCell has delivered reason for optimism. Much of the rally has come since November. Early that month, the company announced a 2-year carbon capture agreement with Exxon Mobil (NYSE:XOM). The same day, the company released details of a $200 million credit facility. Shares doubled on the two pieces of news and would rise a whopping 230% in just seven trading sessions.The next catalyst came just before Christmas. A long-delayed project with Edison International (NYSE:EIX) subsidiary Southern California Edison finally came online. The opening with a 2.8-megawatt facility in Tulare, California came with a 20-year power purchase agreement.As a result, a company that looked like it wasn't going to make it through 2019 without restructuring had an improved balance sheet and a large, legitimate project that would provide revenue for some two decades. The addition of respected partners in Edison and Exxon Mobil boosted the long-term case as well. FuelCell Energy stock again soared.This simply looks like a different, better company than it did six months ago. Bulls might even argue that it looks like a better company than it did a year ago -- when FCEL stock traded near $7 (adjusted for a 1-for-12 reverse split in May). \Even considering substantial dilution from warrants issued in the loan facility, that argument still suggests that shares have a continued rally ahead from the current price just above $2. The RisksIt's in that context that the rally in PLUG stock is perhaps more material than it might seem. The skeptical answer to any rally in pretty much any fuel cell stock is simple: we've been here before. Yes, there's some good news, but there's been good news plenty of times in the past. Investors have always ended up disappointed, and this time won't be any different.But those skeptics would have missed out on the rally in Plug Power stock. And that rally thus likely changes the narrative surrounding FuelCell Energy at the moment. Even though the operating models of the two companies are different, investors may not want to miss out on the "next" big winner in the space, and they may have more willingness to take on the industry's risk than they would have otherwise. The Bottom Line on FCEL StockThat said, history isn't the only risk. FuelCell Energy has a long, long way to go. Long-term adoption of fuel cell technology is far from guaranteed. Battery technology from the likes of Tesla (NASDAQ:TSLA) may better represent the future of "clean" energy.Meanwhile, short-term price movements don't completely negate that history. FuelCell Energy has been around since 1969. The company went public in 1992. It's certainly fair to wonder if there simply is a structural problem with the industry and the business model that suggests long-term profitability isn't on the way. Again, the company has been around for more than 50 years and still is burning cash.That history, as well as the intense competition in the renewable energy space more broadly, is enough to keep me personally on the sidelines. But the market may well see it differently, and at the very least FuelCell Energy has a chance to prove that this time indeed is different. That's more than the company could say just six months ago, and the key reason why FCEL stock has soared.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The Top 5 Dow Jones Stocks to Buy for 2020 * 7 Fintech ETFs to Buy Now for Fabulous Financial Exposure * 3 Tech Stocks to Play Ahead of Earnings The post FCEL Stock Very Well May Be the Next Renewable Stock to Soar appeared first on InvestorPlace.
Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) today announced that it has signed Equipment Sales Agreements (ESAs) for the provision of an initial 500 FCgen®-1020ACS fuel cell stacks to adKor GmbH ("adKor"; www.adkor.de/en/) and SFC Energy AG ("SFC Energy"; www.sfc.com/en/), to be integrated into adKor's Jupiter backup power systems for deployment at radio tower sites in Germany through the end of 2021.
Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) and Deloitte China today announced the release of a joint white paper entitled "Fueling the Future of Mobility: Hydrogen and fuel cell solutions for transportation" at the Consumer Technology Association's CES 2020 trade show being held in Las Vegas, Nevada. This white paper is the first volume in a series exploring how hydrogen is set to power the future of mobility. Click here to download the white paper.