It is rare for me to recommend a straight stock play in High Octane, but I’ve come across an opportunity in a low-priced stock that I don’t want us to miss out on.

Fuel cell technology company Plug Power (PLUG) is soaring today after announcing it met its order targets for the just-concluded fourth quarter. After today’s huge gap up, we’re now seeing some profit-taking, as the stock has pulled back. Its 52-week high is $2.24, set nearly a month ago on December 6, and I see it moving back up toward that level before the next earnings report.

And since it is a low-priced stock, it will only take a move of $0.10 or $0.20 to give us solid returns. Buy PLUG at $2.19 or less.

*This is a company with a small market cap and low volume, so I recommend you use a limit order to make sure you don’t get caught if the specialists run up the price.*