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Bullboard - Stock Discussion Forum Ballard Power Systems Inc BLDP


Primary Symbol: T.BLDP

Ballard Power Systems Inc. is engaged in the design, development, manufacture, sale and service of proton exchange membrane (PEM) fuel cell products for a variety of applications, focusing on power products for bus, truck, rail, marine, stationary and emerging market (material handling, off-road and other) applications, as well as the delivery of services, including technology solutions, after... see more

TSX:BLDP - Post Discussion

Ballard Power Systems Inc > BLDP....2nd best performing stock on TSX
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Post by Youhillman on Jan 02, 2021 3:14pm

BLDP....2nd best performing stock on TSX

Jimmy Mengel (Outsiders Club) is a big supporter of BLDP, put out a recommendation on it in April, picked up some shares at that time, have added to my position over the year, up 131% YTD.

Mengel is still very bullish on BLDP!

Just came across the following, worth sharing.....

Here’s a look at some companies that benefited — and those that have suffered this year.

Winners:

  • Trillium Therapeutics Inc. (+1,308 per cent): Cancer drug developer surged after data, and has been a hedge fund favorite
  • Ballard Power Systems Inc. (+221 per cent): Clean energy and electric-vehicle exposure has propelled Ballard
  • Shopify Inc. (+178 per cent) and Lightspeed POS Inc. (+149 per cent): Tech platforms surged during Covid-19 lockdowns, and the two have emerged as Canadian tech darlings
  • New Gold Inc. (+143 per cent) and Teranga Gold Corp. (+95 per cent): Gold acted as a haven during the pandemic, while fiscal uncertainty remains
  • Cargojet Inc. (+108 per cent): Cargo shipping has hit peak levels as many retail storefronts remain closed during lockdowns
  • Canfor Corp. (+89 per cent): Lockdowns boosted lumber futures on home renovations
Comment by Barrhavenite on Jan 02, 2021 9:02pm
Did not know BLDP was 2nd best on the TSX. Held for 7 ys now and has been gradually moving up. Maybe hard to expect the same this year but who knows. In the crash LSPD was on my radar bigtime at $11 but I got scared and now $90. Missed it. We are suppose to buy on the darkest day or when nobody wants it. Happy New Year to the small gang here.  
Comment by KozmoT on Jan 03, 2021 11:02pm
Still a lot of upside to BLD especially if the push for green energy gains momentum with the ousting of Trump.