This summary was created by AI, based on 4 opinions in the last 12 months.
Ballard Power Systems, BLDP-T, is a company in the alternative energy sector that shows promise but also carries a degree of speculation. The company has potential to benefit from the increasing demand for hydrogen as a fuel source, particularly in the long term. However, there are concerns about its short-term business prospects and the need for profitability to earn investment grade status. Overall, experts emphasize the importance of a long-term view given the shifting landscape of alternative energy.
They make fuel cells for large vehicles. It has traded sideways for most of its history. There are two major questions regarding hydrogen: where does it come from and how do you transport it since it has to be highly compressed.
Highly speculative. He owns a tiny position. Society won't power EVs purely on batteries and will require a bridge that Ballard could benefit from. They represent value. A long-term hold for him.
Long term hydrogen will be in demand.
Short term - business prospects unsure.
Company will need to generate profits to earn investment grade status.
Unsure on future of business.
No profits, no dividends and losses forever. Has it ever made money?
Dream stock for 20 years (performance not materialized).
Hydrogen not gaining enough market share.
Would not recommend buying shares.
Does not earn enough profit.
Ballard Power Systems is a Canadian stock, trading under the symbol BLDP-T on the Toronto Stock Exchange (BLDP-CT). It is usually referred to as TSX:BLDP or BLDP-T
In the last year, 3 stock analysts published opinions about BLDP-T. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Ballard Power Systems.
Ballard Power Systems was recommended as a Top Pick by on . Read the latest stock experts ratings for Ballard Power Systems.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered Ballard Power Systems In the last year. It is a trending stock that is worth watching.
On 2024-04-18, Ballard Power Systems (BLDP-T) stock closed at a price of $3.71.
It holds promise to be a player in alternative energy. Today, there was an announcement of a major order and could improve sentiment. This is a patience game. You need a long-term view, because there will be various alternative forms of energy and momentum could shift.