hey for my highschool econ class we gota track a stock and provide an essay on why we chose that and why we felt it was a good stock to have, can any1 tell me if it would be profitable to invest in a company that makes fuel cells and sells them to auto makers such as ford and honda? if so why, if not why not. also is it a blue chip or quick chance at a lot of money? thank you :)by the way its hydrogen fuel cells
Definitely not a blue chip. The problem is that there aren't really any fuel cell cars out there. There are no hydrogen filling stations. There is no infrastructure in place to support fuel cell cars, so the automakers aren't buying any fuel cells in any kind of volume. Maybe enough for a concept car or two, but it's just not a viable earner yet. I think your top player in the field is probably Hydrogenics (HYGS), and they lost 130 million dollars last year.
