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Ballard Power Systems Inc. (USA) (BLDP) [hlAlert]

Rating:
Buy BLDP
down 62.98 %

Ballard Power Systems Inc. (USA) (BLDP) rated Buy by Sidoti

Posted on: Wednesday,  Feb 26, 2014  9:25 AM ET by Sidoti

Sidoti rated Buy Ballard Power Systems Inc. (USA) (NASDAQ: BLDP) on 02/26/2014, when the stock price was $3.35.
Since then, Ballard Power Systems Inc. (USA) has lost 62.99% as of 01/15/2016's recent price of $1.24.
If you would have followed this Sidoti's recommendation on BLDP, you would have lost 62.98% of your investment in 688 days.

Ballard Power Systems Inc. is engaged in design, development, manufacture, sale and service of fuel cell products for a variety of applications, focusing on motive power (material handling and buses) and stationary power (back-up power, supplemental power, and distributed generation). It is also engaged in proton exchange membrane (PEM) fuel cell development and commercialization. The Company operates in three segments: Fuel Cell Products, Contract Automotive and Material Products. In October 2009, it dissolved EBARA Ballard Corporation, which was a joint venture with EBARA Corporation (Ebara) that was focused on the development, manufacture, sale, and servicing of stationary power systems for the residential cogeneration market in Japan.

Sidoti
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/26/2014 9:25 AM Buy
None
3.35
as of 10/17/2014
1 Week up  2.96 %
1 Month down  -13.93 %
3 Months down  -25.26 %
1 YTD down  -17.01 %

(*) Stock Price at the time of the recommendation.
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