5 Stocks With Double-Digit Returns

In this article, let us take a look at the 5 Stocks With Double-Digit Returns. For a deeper discussion and an extended list, please see 10 Stocks With Double-Digit Returns.

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5. Plug Power Inc. (NASDAQ:PLUG)

Plug Power recouped three days of losses on Monday, surging 15.83 percent to close at $3.22 apiece, as investors positioned portfolios in stocks benefitting from the artificial intelligence boom, while fleeing sectors seen as vulnerable to the uncertainties in the Middle East.

Additionally, Plug Power Inc. (NASDAQ:PLUG) is expected to announce the results of its earnings performance in the first quarter of the year, estimated to be between May 8 and 12, based on its historical earnings reporting dates.

Investors are expected to closely watch for the company’s outlook for the year under the leadership of newly-installed chief executive officer, Jose Luis Crespo, who assumed the role last March 2.

Prior to the CEO role, Crespo served as Plug Power Inc.’s (NASDAQ:PLUG) president and chief revenue officer, where he helped drive growth through cost discipline, margin expansion, and capital efficiency, resulting in revenues hitting more than $700 million last year from only $27 million in 2013.

He also deepened strategic partnerships with global customers, including Amazon, Walmart, Home Depot, Galp, and Iberdrola, while advancing hydrogen fuel cell and electrolyzer deployments across multiple industries.

Crespo replaced Andy Marsh, who transitioned to chairman of Plug Power Inc.’s (NASDAQ:PLUG) board of directors, consistent with the leadership transition plan announced last October.