Hydrogen Stocks to Watch Amid Buyout Buzz and Market Turmoil
Key Ideas
  • Investors are closely monitoring hydrogen stocks such as Exxon Mobil, Linde, and Air Products, viewing them as key players in the global push for decarbonization.
  • Hydrogen stocks represent companies involved in the emerging hydrogen economy, including producers, distributors, manufacturers of electrolyzers, and fuel cells.
  • The highlighted hydrogen stocks had notable trading volumes recently, indicating increased investor interest and attention in the clean-energy sector.
  • Companies like NuScale Power are gaining traction for their involvement in supplying energy for electrical generation, hydrogen production, and other applications using modular light water reactor nuclear power plants.
The spotlight is on hydrogen stocks amidst buyout buzz and market turmoil, with Exxon Mobil, Linde, Air Products and Chemicals, NuScale Power, Cummins, Ingersoll Rand, and CF Industries making the list of seven hydrogen stocks to watch according to MarketBeat's stock screener tool. These stocks represent companies engaged in the emerging hydrogen economy, involved in various aspects from production and distribution of hydrogen to manufacturing electrolyzers, fuel cells, and related infrastructure. Investors are drawn to hydrogen stocks as a way to tap into the potential of clean energy carriers in the global decarbonization effort. Exxon Mobil, a key player in the energy sector, focuses on the exploration and production of crude oil and natural gas, with significant market capitalization and trading volume. Linde plc operates as an industrial gas company, offering a range of atmospheric and process gases, including hydrogen, which is vital for various industries. Air Products and Chemicals, Inc. provides atmospheric and process gases, including hydrogen, serving industries like refining, manufacturing, and energy production. NuScale Power Corporation is gaining attention for its development and sale of modular light water reactor nuclear power plants that can supply energy for multiple applications, including hydrogen production. The recent market performance of these hydrogen stocks has been closely monitored, reflecting the growing interest and importance investors are placing on clean energy companies. Cummins Inc., a company specializing in engines and powertrains, is also part of the list of stocks to watch, showcasing the diverse range of companies involved in the hydrogen economy. Overall, hydrogen stocks are being seen as key investments in the transition towards a more sustainable and decarbonized future.
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