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 July 3, 2026 12:33 AM  finance.yahoo.com Positive

Plug Power (PLUG): 10 Most Buzzing Stocks to Buy Right Now

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Plug Power Inc. (NASDAQ:PLUG) is one of the most buzzing stocks to buy right now. On June 2, Plug Power announced the sale of a federal investment tax credit for approximately $39.2 million related to its hydrogen liquefaction facility in St. Gabriel, Louisiana. This move is part of the company's ongoing strategy to improve liquidity, optimize capital deployment, and unlock value from its domestic hydrogen generation infrastructure.

The St. Gabriel plant, operated through a joint venture with Olin Corporation, was commissioned in April 2025 and is one of North America's largest hydrogen liquefaction facilities. This transaction follows a similar $30 million tax credit transfer completed in January 2025 for the company's facility in Woodbine, Georgia.Plug Power (PLUG): 10 Most Buzzing Stocks to Buy Right Now

By monetizing these federal clean energy credits, Plug Power Inc. (NASDAQ:PLUG) is strengthening its financial flexibility as it continues to scale its vertically integrated hydrogen network. The company currently maintains roughly 40 tons per day of liquid hydrogen production capacity across its operational facilities in Georgia, Tennessee, and Louisiana.

Plug Power Inc. (NASDAQ:PLUG) is an alternative energy technology firm. It designs, develops, commercializes, and manufactures hydrogen and fuel cell systems for the material handling and stationary power fields.

While we acknowledge the potential of PLUG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on thebest short-term AI stock.

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