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Commented by Fabian Lorenz on May 24th, 2022 | 13:26 CEST

Plug Power and BYD shares are strong: when will Almonty Industries take off?

  • Tungsten
  • Electromobility
  • greenhydrogen

In weak stock market phases, the top performers of the future often emerge. The Plug Power share, among others, is currently shining due to its relative strength. The weak quarterly figures of the hydrogen specialist Plug Power seem to have been ticked off. Instead, the focus is on political support and a large order. The BYD share is also holding up excellently against the backdrop of the ongoing lockdown in China. There is a tailwind from Credit Suisse, and the new premium model is well received. At Almonty Industries, the CEO expressed confidence about the outlook at an investor conference. The Company is fully financed and will soon dominate the tungsten market outside China and Russia.

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