Ballard Power -world leader zero-emission PEM fuel cells Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells

BLDP 3.525

+2.5%

2:31 PM EDT

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: kidl	10/28/2020 9:59:54 AM
	of 5827

Globe says Lau figures Ballard a buy on pullbacks Ballard Power Systems Inc (C:BLDP) Shares Issued 244,486,462 Last Close 10/27/2020 $20.03 Wednesday October 28 2020 - In the News The Globe and Mail reports in its Wednesday edition that Erica Lau at North Growth Management is keen on Ballard Power Systems. In a Globe special, Shirley Won writes that fuel cell developer Ballard will benefit from a growing demand for hydrogen-powered, heavy-duty electric vehicles, Ms. Lau says. For buses, trucks or trains, "lithium batteries don't have enough energy density to deliver the same range." The Vancouver-based company estimates that the market opportunity in heavy-duty vehicles will be more than $130-billion (U.S.) by 2030. Consensus analyst estimates suggest that Ballard's sales, which are mainly in Europe, China and California, will grow 37 per cent annually over the next five years. Ballard is not yet profitable, but is expected to scale up production and reduce costs so that hydrogen becomes more economic. Because its technology is disruptive, its stock is "difficult to value using traditional metrics" and is a better buy on pullbacks. Over all, clean-energy stocks are getting a tailwind as politicians and governments pledge to cut carbon emissions and mitigate the negative impact of climate change. Some names have already rallied in anticipation that Joe Biden win the Nov. 3 U.S. election. © 2020 Canjex Publishing Ltd.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next