Posted on 21/02/03
Blind faith the only reason to buy Ballard
Fuel cell pioneer Ballard Power Systems Inc. turned in better-than-expected results for its fourth quarter, beating most industry estimates on revenue and posting a smaller loss than most analysts had predicted. Does that mean the stock looks attractive as a result? It depends on how you feel about fuel cells because apart from relying on sheer faith, it's difficult to justify investing a dime in Ballard.
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