3 Overhyped Stocks That Could Turn $100,000 Into Nothing

• Plug Power, Lucid Group, and Boeing stocks person each suffered concern reversals, but galore investors anticipation they volition rebound.

• Plug Power seems the weakest of the three, with a agelong past of over-promising and under-delivering.

• Boeing has the astir potential, but adjacent Boeing is successful the midst of a semipermanent decline.

• 10 stocks we similar amended than Plug Power ›

Plug Power (NASDAQ: PLUG) plans to turn its gross 30% per twelvemonth from 2025 done 2030, with Wall Street forecasting the hydrogen substance compartment institution volition bash $2.1 cardinal successful concern and gain a nett that year.

Lucid Group (NASDAQ: LCID) has 2 of the apical 10-ranked electrical vehicles successful this month's variation of Car & Driver, and fundamentally infinite fiscal ammo successful the signifier of backing from the Saudi Arabian Public Investment Fund, its bulk shareholder (according to information from S&P Global Market Intelligence).

Boeing (NYSE: BA) is bouncing backmost from its troubles with the 787 Dreamliner, doorless 737 MAX, and astronaut-less Starliner spacecraft. As the calendar flips from 2025 to 2026, Boeing's connected people to gain its archetypal nett aft 8 years of losing money, and is yet a winning investment.

These are the kinds of arguments analysts usage to reason successful favour of buying stocks similar Plug, Lucid, and Boeing. But if you inquire me, they're each bunk. Despite operating successful wide differing industries, each 3 of these companies look similar losers to me. If you were to put $100,000 into them, I'd accidental your chances are greater of seeing that concern spell to zero than ending up a millionaire.

And present I'll archer you why.

Let's statesman with Plug Power, which I personally see the weakest banal of this group. The occupation with Plug fundamentally boils down to a struggle betwixt promises and delivery. You see, some Plug and its supporters connected Wall Street person a agelong past of over-promising but under-delivering.

As acold backmost arsenic 2013, for example, Plug Power was promising to interruption adjacent connected net earlier interest, taxes, depreciation, and amortization (EBITDA) by 2014. That didn't happen. Nor did Plug study affirmative EBITDA successful 2015, 2016, 2017, oregon 2018.

EBITDA was reported as profitable successful 2019 and 2020. However, those were antithetic years for Plug, marked by astatine slightest 1 net restatement and the highly antithetic occurrence of antagonistic gross being reported successful 2020. Whether you judge the 2018/2019 numbers oregon not, Plug promptly resumed reporting EBITDA losses successful 2021, and has continued doing truthful ever since.

All of which is to say, erstwhile Plug promises it's going to bash thing adjacent arsenic soon arsenic 1 twelvemonth successful the future, instrumentality that committedness with respective shakers afloat of salt.