A very positive take on BLDP..."The ultimate growth stock" The Ultimate Growth Stock to Buy With $1,000 Right Now
Adam Othman
Ballard Power
The modest bull market phase that started mid-November last year has already pushed the stock up 58%. At this pace, it can easily double your capital in half a year if you buy now.
Despite lack of revenue, the company has adequate cash reserves to fund its operations. The company has received multiple orders recently, including six megawatts’ worth of fuel cell production capacity in Europe alone (90 fuel cell engines).
The stock is already bullish, and its growth might accelerate amid positive news about its fuel source (hydrogen). The fact that EV growth is slowing and most countries are still way off from their emissions target might also favour fuel-cell companies like Ballard.
The stock can more than double your money if it just hits $6 a share. The chances of the stock going back to its five-year peak (over $40 a share) are slim but if it happens, your 350 shares would be worth $14,000. Even if the stock doesn’t achieve this lofty goal, the chances of it making you a solid amount of profit in a relatively short time-frame are quite decent.
from
https://ca.finance.yahoo.com/news/ultimate-growth-stock-buy-1-153000096.html