Fundamentals. Plain and simple. Debt ratios, margins, interest funding.....every single fundamental metric has Ballard a far better play in the space. And then of course the intellectual property of Ballard is one of the tops in the industry.
I will give you a few easy to understand tidbits on why Ballard over FCEL.
Revenue growth
BLDP 27% vs FCEL (-4%)
Debt to Capitol
FCEL 44% vs BLDP 6%
Interest funding (this is a % of the companies revenue used to service debt the higher the number the worse it is)
FCEL 807% vs BLDP 6.5%
BLDP is my long term play based on business fundamentals.
That is not to say FCEL can't be a great trade. But I am talking about a buy and hold. This is the type of stock you figure out how money are you willing to lose, because this is a gamble. A pure gamble. Pure speculation. But when I say potential 10 bagger that means if your willing to lose 10K to make 100K....you get the picture.
If you have high conviction on hydrogen power as the real green future (I do) then you need to find the company you believe will be one of the big players...or potentially be bought out for a massive premium when it really takes off.
Ballard has already gone into deals with Audi to provide their fuel cells for future hydrogen vehicles. They also are in the commercial side with public transportation, backup power solutions, portable power, materials, and heavy duty automotive. I really like their future and like their fundamentals in the space. I view them as healthy financially which is a leg up on the competition long term.