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Plug Power Inc (NASDAQ:PLUG) shares are rising Tuesday on what appears to be continued momentum following a more than 25% surge to start the week. Here's a look at what's going on.

U.S.-based Hydrogen fuel cell company Plug Power Inc. (NASDAQ:PLUG) will use German Chemical Company BASF's (OTCQX:BASFY) purification solutions in its Hydrogen liquefaction plants. What Happened ...

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Despite its popularity and growth, Plug Power has failed to develop cash-generating fundamentals, leading to a significant decline in share price. Read more here.

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Is now a time to buy Plug Power stock or steer clear? Plug Power's appeal to investors has always been about growth.

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Shares of Plug Power (PLUG 5.36%) recently slid under $2 a share, putting them around their 52-week low. The hydrogen stock is now down nearly 60% this year. It's even further below its all-time high.

The Zacks Manufacturing - Electronics industry, to which Plug Power belongs, has lost 5.6% over this period. Now the key question is: Where could the stock be headed in the near term?