Fool.com contributor Parkev Tatevosian recently discussed the latest developments for Plug Power (NASDAQ: PLUG) stock investors. Tatevosian argues that the recent announcement in clean energy legislation by U.S. President Joe Biden has fueled investor optimism in the company despite the stock prices at the time of the video seeing a drop. He suggests that it may be a good time for investors to buy stocks in Plug Power as this energy transition trend is expected to provide long-term growth for the company.
Tatevosian also makes a bold prediction, stating that he expects Plug Power stock to reach significant highs by 2030 as the market begins to embrace the value of clean energy. He argues that with the anticipated growth in electric vehicle sales, especially in the commercial utility sector, Plug Power is poisted for profitability. Overall, the contributor makes a compelling argument for why Plug Power stocks could provide a great investment opportunity for growth in the coming decade.
In summary, Parkev Tatevosian’s perspective offers much-needed insight into the potential of Plug Power stock. He believes that the recent developments in clean energy legislation and the growth in electric vehicle sales point to a promising future for investors in the company. Tatevosian’s bold predictions and long-term vision make a strong case for considering Plug Power stocks as a viable investment opportunity with the potential for substantial returns.
