Shangyu City fengye Electrical Appliance Co.,Ltd
Corporation/Limited Liability Company
Tangpu, Shangyu, Zhejiang, China
Mostafavibiz Co
Manufacturer, Trading Company
Bijan Bld, Mohseni Sq, Tehran, Iran, Iran (Islamic Republic of)
Date Syrup, Date Apple, Grape, Liquid Sugar, Molasses, Saccharine
Cinex Plastics Pty Ltd
Manufacturer, Trading Company, Distributor/Wholesaler
Mills Road, Dandenong, Victoria, Australia
Packaging, Food Packaging, Australian, Thermoform, Thermoformed Trays, High Barrier Trays, PVC, Hips, PP, Durabile, Vacuum And Gas Flush Packaging, Dairy, Meat, Victoria, Australia, Insert Trays, Display Trays, Lids, Punnets, Clamshells
Kh Teng Trading
Trading Company
12, Jalan Nenas, Taman Sri Aman, Yong Peng, Johor, Malaysia
Animal Feed, Fibre, Shell
Huabu Town, Kaihua County, ; Quzhou, Zhejiang, China (Mainland)
+86 570 6031008
Metal electronic lighter and smoking accessories, Activated carbon, Electrical appliance, Melamine tableware

Why Plug Power Stock Tumbled This Morning

Wed, 20 Oct 2021 09:47:00
Why Plug Power Stock Tumbled This Morning © Provided by The Motley Fool Why Plug Power Stock Tumbled This Morning

What happened

Shares of Plug Power (NASDAQ: PLUG) surprisingly tumbled Wednesday morning despite receiving a strong upgrade from an analyst. If that sounds strange, investors are perhaps looking beyond analysts' ratings and weighing the hydrogen fuel-cell stock's prospects after President Joe Biden's clean energy proposals in his multi-trillion dollar infrastructure bill hit a roadblock yesterday.

Plug Power shares were down 2.4% as of 10 a.m. EDT Wednesday.

So what

This morning, Truist analyst Tristan Richardson raised his price target on Plug Power stock to $36 per share from $29 a share, encouraged by the company's latest outlook. Plug Power is trading just under $33 a share as of the time of this writing.

On Oct. 14, Plug Power held its annual analyst day event, called the Plug Symposium, and guided for annual sales worth $825 million to $850 million for 2022 and $3 billion for 2025.

Richardson believes Plug Power is "uniquely positioned" in the fuel cell market and could penetrate "substantial" addressable market, although he sees interest rate and supply chain risks as potential headwinds to Plug Power's growth right now.

Just last week, Plug Power stock received at least four analyst upgrades soon after its analyst day, with Morgan Stanley giving the stock the highest price target of $43 a share.

However, much of the optimism in renewable energy stocks this year was fueled by potential multi-billion dollar spending on clean energy under the Biden administration.

Although a $1 trillion bipartisan bill passed the Senate in August, a $3.5 trillion reconciliation bill that includes a $150 billion "clean electricity performance program," or CEPP, to boost renewable energy faced strong opposition on Oct. 19, with some reports even suggesting Biden could water down or abandon CEPP altogether to get the bill passed.

That's not what investors in alternative fuel stocks like Plug Power want to hear.

Now what

If there's anything that could help Plug Power and other fuel cell stocks sustain momentum even if Biden's clean energy plans fall through, it's the unmistakable rise in interest in hydrogen fuel-cell technology. Plug Power has announced multiple deals in recent weeks. Just yesterday, Israel-based HevenDrones, which is developing customized hydrogen-fuel drones for the Israeli Ministry of Defense, announced an alliance with Plug Power.

Among global examples, China Yuchai International announced today its subsidiary will form a joint venture to develop and manufacture hydrogen fuel-cell powertrain systems in the Beijing, Tianjin, and Hebei markets. A couple of days ago, Britain's INEOS announced an investment worth roughly $2.3 billion to produce green hydrogen in Europe. As long as such news from the green hydrogen and fuel cell world keeps pouring in, investor interest in Plug Power should remain strong.


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Neha Chamaria has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Synergy Biotechnologies Ltd.
Corporation/Limited Liability Company
3 / 4, Central Park, City Center, Durgapur, West Bengal, India
Tissue Culture Plants, Pot Plants, Plugs, Flowers, Seeds
globle mould corporation
Agarguf, Abu Ghraib, Iran (Islamic Republic of)
Mould, Water Pump, Mobile Connector, Plug, Socket
Shuijingping,Dianqian Village,Chiyuan Town,Minqing County, Fujian Province,P.R.China.
Tiles, Ceramic tiles, Lampholder, Glazed tiles, Matte tiles, Porcelain tiles, Lamp holders, Porcelain lamp holders, Knife switches, Porcelain fuse units, Cables, Power cords, Switches, Sockets, Plugs, Insulators, Terminal blocks, Wiring devices, Bulb lamps
Seat D, E,5f, No.123 PU Hui Tang Rd, ; SHANGHAI, Shanghai, China (Mainland)
86 21 64688617
Washing machine, Refrigerator, Home appliance, IC chips, Extension sockets, Adapter, Motor, Transformer, Mobile phone
263-5 Gajwa-3dong Seo-gu, ; Incheon, Incheon, South Korea
82 32 5846860
Various Industrial Reels
unit A/B,13/F B building changcheng plaza, 615 liuyi north road, fuzhou,fujian,China.
Lamp holder, Fuse, Knife switch, Terminal block, Connect strip, Insulator, Wall switch, Plug, Flood light, Socket, Hose real cart and set, Sprinkler w, Base or w, Spike, Pruning shears, Saw, Garden tool, Rake, Fold shovel, Sprayer, Outdoor shower, Water gun and water gun set
Shashui Industrial District, Guidan Road, Danzao Town, Nanhai District, Foshan City, Guangdong Province. China
86-757-85409708 / 709
Auto-rewind water hose reels, Autoloaded air hose reels, Handlamps, Handlamps with transformers, Autoloaded sockets with hose reels, Auto-rewind oil hose reels
No. 8-2-202, Sanqu, Sanliting, Hangzhou City, Zhejiang Province. China
LED work lights and hose reels
Hardware Machinery Industrial Zone
Various kinds of hose reels and cable reels
on a roll van centre limited
Manufacturer, Trading Company, Agent, Distributor/Wholesaler, Business Service (Transportation, finance, travel, Ads, etc)
399 Hanworth Road, Hounslow, London, United Kingdom
44 07904-121-452
Vehicles, Lighting, Electrical Lighting, Halide Lighting, High Pressure Sodium Lighting, Hps Lighting, Light Fittings, Eletrical Sockets, Low Voltage Light Fittings, Lighting Ballasts, Halide Lamps, High Pressure Sodium Lamps, Hydroponics, Nft Growing Equipment, Indoor Plant Growing
203 Trend Center, Hing Fong Road, Chaiwan, Hong Kong, Hong Kong
High Pressure Sodium Lamps
1. Sanayi Sitesi 2828 Sokak No : 53, ; Izmir, Tr, Turkey
90 232 458 48 88
Tractor, Fiat, Ford, John deere, Steyr, Diesel, Transport vehicles, New holland, Universal, Oil switch, Solenoid, Bosh, Delphi, Heater, Plug, Axle, Gear automatic
7-1 Houxing Street, Qiuai, Yingzhou Zone, ; Ningbo, Zhejiang, China (Mainland)
86 574 87740898
We have a crystal factory, Dealing with kinds of crystal craft, Especially crystal parts, Crystal animals, Crystal perfume bottles and so on
Seker Mah. S. Musa Aytar Sok. No : 21, ; Adapazari, Sakarya, Turkey
90 532 2236250
Trucks, Cars, Buses, Turkish, OEM manufacturers, Related with automotive, Construction
(4/F Inside Yueqing Boussi Electric Co., Ltd.)Xinguang Industrial Zone,Liushi Town
86-577-62797877 13757745685
Energy saving lamps, Miner's lamps, High, Low voltage electric apparatus, Buttons and lighting
Room 201, 173 West Chengbei Road, Yongkang City, Zhejiang Province. China
Tool sets, Garden tools and emergency tools
Zhenxing Road,Hexing Town
Tools, Bicycle parts, Travel leisure products and yarn products
Corporation/Limited Liability Company
1601, Jinmao Tower, No699, Chouzho North Road, Yiwu, Zhejiang, China
Esin Foreign Trade
Trading Company
Erenkoy Mah. Tellikavak CAD. Mehmet Ertem Alp Sok. No : 18/2 Erenkoy, ; Istanbul, Istanbul, Turkey
90 216 3025000
Electrical cable, Chocolate, Baby diapers, Biscuits
Ta Chuen Ping Street, ; Hong Kong
852 28032413
NotrhTrade Enterprises
P. O. Box 91277, Los Angeles, California, United States
Shiye Village, Guanhaiwei Town, Cixi City, Zhejiang Province. China
Ningbo Glory International Corporation
Manufacturer, Trading Company, Agent
Food, Wooden toys, General merchandise for daily use, Household necessities, Outdoor necessities, Pets necessities
Yueqing Kaifa Electronics Co., Ltd.
Manufacturer, Trading Company
sidu industry
Connector, Terminal, Switch, Socket, Wiring harness, AV, IDC, Pin header, Signal light, Auto connector, AV pin jack board, Phone jack, Power switch
Shunjing Block 4, Jiajing Park, Wenzhou, China
Relay, Shunt, Current Transformer, Wiper, Wiper Motor, Fuel Pump
Industrial Park, Danxi Town
Contact switches, Earphone sockets and power supply sockets, Power switches
Room 3-110-2,No.166 Haibin Shiyi Road,Tianjin Port Free Trade Zone
Various garments, Insulation materials, Valves and motors
Xieli Road, Simen Town, Yuyao City, Zhejiang Province. China
Solar energy products, Automotive appliances, Jump starters, And power cords
F-3 West Industrial Zone, Hongqiao, Yueqing City, Zhejiang Province. China
86-577-61315966, 61315968
AV jacks, AV composite-boards, Phone jacks, DC power jacks, PCB module sockets, Terminal blocks, Terminals, USB, VGA, HDMI, Wire harnesses and connectors
Houjie Industrial Zone, Liushi Town
Circuit breaker, Cable tie, Insulation piercing connectorIPC), Cable clip, Terminal block, TB terminal block, TD terminal block, Distribution box, Cable connector, HT lighting box, HK lighting box, Wiring duct, Slotted trunking, Elbow, PPR pipe fittings, IPC, MCCB
No.8 Gaofeng Road, Gaoxiang Industrial Zone, Xinqiao, Wenzhou City, Zhejiang Province. China
Photocontrol, Battery tester, Automatic voltage regulator, Uninterruptible power system, Power protector, Doorbell, Gas regulator, Power socket
Room 38, 5/F, Central Business Building, #54 Dashani Street, Haishu District, Ningbo City, Zhejiang Province, China
Auto accessories, Hardware tools and home products
Xiaoxue Industrial Zone, Hongqiao Town, Yueqing City, Zhejiang Province. China
Auto accessories such as car horns, Headlight brighter devices, Fuse links
Hubei Village,Simen Town
Wires, Cables, Plug wires, Connectors, Household electrical appliances, Lamps and plastic pellets, Power cords, Power cables, Cord sets
Shangzao Industrial Zone, Changqiao, Tangxia Town, Rui'an City, Zhejiang Province. China
Copper, Iron, Porcelain screw and spigot lampholders, Switches, Sockets, Plugs, Panels and transition terminal boxes
Sanyuan Industrial Zone, Xifu Town, Chengyang District, Qingdao City, Shandong Province. China
Various wire and cables
No. 19 Gengyun Road, Economic and Technological Development Zone
Wiring Harness, Cable Harness, Power Cable, Power Cord, Automotive Harness, Plugs, Precision Component, TV Cable, Air Conditioner Cable Harness, Washing Machine Cable Harness, Refrigerator Cable Harness, Household Appliance Harness, Cable Assembly
Nangfang precinct Beice village, Humen Towen, Dongguan city Guangdong provice
Wire, Cable, AC power cord, DC connector, Wire harness, DC cord, AC plug, Cable assembly, AV cable, Video cable, USB cable, HDMI cable, Coxial cable, Auto connector
No. 8, Xinye West Road, Xinxu Industrial Zone, Sanxiang Town, Zhongshan City, Guangdong Province. China
Computer peripheral cables, Home theatre cables, Optical cables, Patch cords, Car kits and adapters
South District,Wujin High-Technology Development Area
Speaker cables, Car power cables, Amplifier wiring kits, Audio video cables, LAN cables, Changjia electronics, Auto cable, Speaker, Network cable, Transparent speaker cable, Speaker wire, Cat5e cable, Coaxial cable, Scart cable, Scart socket, Rca cable, Av cable, Amp kit, Video cable, Cat6e cable
NO.685 Guanghua Road
Terminals, Connectors, Copper fittings, Wire harnesses, AC inner plugs, AC sockets
No.70-6 Zhenxing Road
Trailer connector plugs, Truck connector plugs, Trailer accessories, Truck accessories, Auto parts, Trailer connectors, Trailer wiring harnesses, Trailers cables, Automobile cables
Individual (Sole proprietorship)
E 24. N S Marg, Daryaganj, New Delhi, Delhi, India
House Wires, Industrial Wires, Auto Cables, Telephone Cables, Submersible Cables, Electrical Accessories, PVC Electric Pipe, PVC Compound
NO.525, Dongda street, Baitawang Industrial Zone, Baixiang
Connecting terminal, Plastics, Connectors, Lead pin, BNC, Radiator, Vehicle electronic fittings, Assembly wiring harness, Terminal, Connector, Terminal block, Terminal connector, Adapt connector, Housing wafer, Cable lug, SUB connector, Sub, Plug terminal, Precision connector
Plot No.9 - Block 8HE- P.O.Box: 685, Khartoum East, SUDAN, Sudan
Chemicals for production of Soap and Detergents, Steel Bars, Billets and Steel Sections, Packaging Machines, Chemicals Plants, Korean Second-hand Cars, Foods Machineries and complete lines
11 Building, Longshan Industrial Park, 88J Qianyao Road, Wuxi City, Jiangsu Province. China
Connectors, Wires and wire harnesses
3/F, Industrial Building, South Heliport, Beihuan Road, Nanshan District
LED indoor and outdoor displays, LED signs, LED application products, And heating products
NO.58Wuzhou South road
Connector, Processing service
104, Block 4#, Songyuan, Xincheng, Wenzhou, Zhejiang Province. China
Electrical products, Leather goods, And polyresin products
No.1 Zhoushandong Road, Luoyang, Henan, ; Luoyang, Henan, China (Mainland)
86 379 64336166
Magnesium Anode, Magnesium Plate, Antisepsis Painting; Abrasive, Brown Fused Alumina, White Fused Alumina, )
No.13 West Xiangzhong Road,Xiangyang Industrial Zone,Yueqing City.325619.P.R.China
Cable tie, Cable gland, Terminal block, Cable clip, Cable mark, Spiral wrapping band, Heat shrinkable tube, Expanding nail, Pre-insulating terminal
3rd Floor, Building 13, Changban Industrial Estate, Guangzhou City, Guangdong Province. China
86-20-37088806 \ 83710303
Research, Processing, Producing, Marketing, Installation; stage lighting equipment, Sound equipment, Electronic device
SP Overseas (Amin Group)
Individual (Sole proprietorship)
B 612, Gopal Palace, Nr. Nehru Nagar Circle, OPP. Ocean Park, Satellite Road, Ahmedabad, Gujarat, India
Work Visa, Immigration Visa, Business Visa, Tourist Visa, Student Visa, Insurance, Electrical Accessories, Agarbati-Incense Stick
Orbit Link Technology
Po Box 55839, Riyadh, Central, Senegal
Cfl Lamps, Electrical Accessories, Cables, Cleaning Chemicals, Cleaning Products, Brushes, Deodorizers
Han Village, Taigu County, Shanxi Province. China
Malleable iron pipe fittings, Grey iron and ductile iron castings
No 65,Shunyu Road,Yuyao City,Ningbo China.
Industrial plugs, Industrial sockets, Plugs, Connectors, Wire connection, Plastic nylon, PA6, Reinforced nylon, Flame retardanted nylon, Toughened nylon, And modified nylon
Suicheng Industrial Zone, Dongfeng, Zhongshan, Guangdong, China
86-760-2638988, 2636888
Automatic voltage regulators AVR), Uninterruptible power supply UPS), Battery chargers, Flashlights
South Henghe Road, Yuecheng Town, Yueqing City, Zhejiang Province. China
Switches and sockets
Building 20, Nanshan Village Industial Zone, Shenzhen City, Guangdong Province, China
PLCC, Sockets, Pin Headers, Box Headers, Ejector Headers, Mobile telephone connectors
No.2 Maozhou Industrial Park, Shapuwei Village, Songgang Town
Computer cables, Computer connectors, HDMI, DVI, SATA, ESATA, ATA, IDC, SCSI, USB, RCA, RGB, LAN cable, Patch cable, Network cable
Houxi Industry Park, Wengyang Town, Yueqing City, Zhejiang Province. China
Manufacturing of plugs and jacks of telephone, Data cable
816 Room, Dynamic World Building, Zhenzhong Road, Futian, Shenzhen City, Guangdong Province. China
Cable, LAN cable, Patch cord, Keystone jack, RJ45 connector, RJ11 connector, Face plate, Plug, Patch panel, Cabinet, Fiber cable, Switch, Router, Wireless equipment
Gangzai Industrial Park, Furong Industrial Zone, Xinqiao, Shajing Town, Bao'an District, Shenzhen City, Guangdong Province. China
Various computer cables, Communication cables, USB hubs, IrDA products and Bluetooth products
Shenzhen Dingtai Industrial Co., Ltd.
Manufacturer, Trading Company
5/F, Building 8, Xusheng Industrial Zone, Fanshen, Shiyan Town, Baoan District, Shenzhen City, Guangdong Province. China
Mobile phones, OEM mobile phone, Cell phone, Battery packs, Lithium batteries, Mobile phone batteries, Phone batteries, CE mobile phone
2 Industrial Zone, Huangmabu Village, Xixiang Town, Bao'an District, Shenzhen City, Guangdong Province. China
AC cords, DC cords, Power supply cords
Simen Town, Yuyao City, Zhejiang Province. China
Wires and cables, Plugs and sockets, Wire assemblies, Couplers, Apparatus switches, Lights
East Area of Guanhaiwei Industrial Park
USB cable, VGA cable, 1394 cable, DVI cable, HDMI cable
Building 25, 7th Industrial Park, Tianliao Village, Gongming Town, Bao'an District, Shenzhen City, Guangdong Province. China
86-755-27162839, 27162829
Mobile handsfree, MP3 earphones, Two-way radio earphones, Computer headsets, Telephone headsets, FM transmitters
F14. Doumen mansion, Yuehai Middle road, Zhuhai city, Guangdong Province. China
Various fuser film sleeves, Maintenance kits, Fusers
Longwan Tianhe Zhuangquan Industrial Zone, Wenzhou City, Zhejiang Province. China
86-577-86810455, 86827111, 86827222
Copper and zinc-alloy hinges, Bolts, Door stoppers, And advertising nails
Jiangxi Putian Data Cable Co., Ltd.
Manufacturer, Trading Company
8899 Changdong road,Hi-tech industrial development zone.
Lan cable, Network cable, Telephone cable, Communication cable, Cat 5 cable, Cat5 cable, Cat5e cable, Cat6 cable, Cat 6 cable, Ethernet cable, FTP Cable, RJ45 plug, Rj45 jack, Drop cable, Backbone cable, UTP Cable, Twisted pair cable, Patch cable, Patch panel, Optical fiber cable
1/F, NO.57, 10th Road,Longyan Industrial Park
IC sockets, PGA sockets, PLCC sockets, PIN headers, Female headers, Box headers, Terminal blocks, DIN connectors, D-SUB connectors, USB connectors and wire cables
Lubei Village, Luyuan, Tangqiao Town
Green construction and decorative materials, Building materials, Hand tools, Electrical products, And export trade business
NO.3535,caoying Road,Qingpu District,Shanghai,China
Ppr, Plastic pipe, Pipe fittings, Valve, Plastic products, Pvc pipe, Water supply pipe
35 Technology Avenue, Technology & Industrial Zone, Ninghai County, Ningbo City, Zhejiang Province. China
Copper valves, Fittings, And textile machinery
Wenzhou Olyki Fashion Corporation Limited
Manufacturer, Trading Company, Buying Office, Agent, Distributor/Wholesaler, Government ministry/Bureau/Commission, Association, Business Service (Tra
No602,Haibin Anxin Flat,Haibin Street Longwan,Wenzhou,Zhejiang,China
T-shirts, Coats, Shirts, Sweaters, Pants, Jeans, Jackets, Socks, Caps, Bags, Fabrics, Straps, Leather, Switches, Zippers, Buttons, Glasses, Hardware, MP3 players, Connectors
Dongmen Industrial Park, Haicheng, Longwan District, Wenzhou City, Zhejiang Province. China
Electrical appliances and sanitaryware, Including switches, Sockets, Plugs, Outlets, Circuit breakers, Lamp holders, Faucets, Taps, Shower heads and hand dryers
China Jiangsu International Economic Technical Cooperation Corp.
Manufacturer, Trading Company, Buying Office, Agent, Distributor/Wholesaler
No. 5, West Beijing Road
Geosynthetics, Earthwork Products, Rackings, Scaffolding, Socket
South City Industrial Zone, Huangyan, Taizhou City, Zhejiang Province. China
Plastic molds, Plastic pipes, And pipe fittings
91 Taiyu Rd., Fuwan Pian, Jinshan Industrial Zone, Fuzhou City, Fujian Province. China
86-591-87533017, 88000102, 88000101
Switches, Sockets, Plugs, Lamp holders, Insulators, Lightings and electric fittings
A-FL14D, Shuangyan Building, Shuangyan Road, Yueqing, Zhejiang Province. China
0086-577-62586899, 62586821
Hongqiao Tiancheng Industrial Zone, Yueqing City, Zhejiang Province. China
Various switches and sockets
Yuanky Industrial Zone,
Circuit Breakers, Relays, Switches, Sockets and other low-voltage products
Electrical goods, Electronic goods, Decorative lighting, Furniture
Fuzhou Xinhui Import & Export Co., Ltd.
Manufacturer, Trading Company
No. 1706, Dijing Tai, Zhengda Plaza, No. 18, Wuyi Middle Road, Fuzhou City, Fujian Province. China
Lamp holders, Knife switch, Fuse, Socket, Switch, Plug, Lighting fixture
No. 138, Lingyun Road, Dongfeng Industrial Zone, Liushi Town, Yueqing City, Zhejiang Province. China
Vvoltage stabilizer, UPS, Inverter, Charger, SVC stabilizer, AVR stabilizer, SVR stabilizer, DER stabilizer, Wall switch, Socker
Fulongge Industrial Zone,Meixi Town
Wall plates, Sockets, Plugs, Switches, Breakers, Load centers, Contactors, Extension cords, Wires
2,Tongxing Road, Yuecheng Town, Yueqing City, Zhejiang Province. China
Wall switches and power sockets
No.188, Tianhe Road, Tianhe Town, Longwan District, Wenzhou City, Zhejiang, China
Electrical switches, Connectors, Sockets, Plugs, Lampholders, Wire accessories
Giantek Co., Ltd.
Room 403, Central Building, No. 271 Hu Shu Nan Road, Hangzhou City, Zhejiang Province. China
86-571-88395890, 88395840
Power inverters, Switching power supplies, AC, DC adaptors, Chargers, Rechargeable batteries, Electric transformers, LED drivers
E & I Deparlment,248, Tianmushan Road, Hangzhou, China
Electronics, Plastics, Intelligence, Illuminance
Wenzhou Xianfeng Circuit Breaker Co., Ltd.
Manufacturer, Trading Company
43-1, 2 Jiaoyu Road, Liushi Town, Yueqing City, Zhejiang Province. China
Circuit breaker, Ac contactor, Cable accessory, Meter
Guanshan Village, Xizhou Town, Xiangshan County, Zhejiang Province, China
Central door lock, Switch, Connector, Corrugated pipe, Low-voltage electric wire, Plastic, Bakelite and hardware
No. 68, Lane 4501, Huqingping Highway, Shanghai. China
Steel union, Stainless union, Stainless nipple, Stainless plug, Stainless pipe fitting, Stainless nut, Stainless joint, Stainless hose nipple, Stainless diamond flange, Steel flange, Diamond flange, Copper socket and ring, Copper pipe, Steel nipple, Steel plug, Steel pipe fitting, Steel nut, Steel hose nipple, Copper nut
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