Top Seven Hydrogen Stocks Making Waves in the Market
Key Ideas
- Exxon Mobil, Linde, NuScale Power, Air Products and Chemicals, Cummins, Shell, and CF Industries are highlighted for their strong performance in the hydrogen sector.
- Investors are attracted to hydrogen stocks due to the potential growth driven by decarbonization goals and advancing technology.
- These companies have seen significant trading volumes, reflecting growing interest in clean energy investments.
- Hydrogen stocks offer exposure to the expanding hydrogen economy, benefiting from supportive government policies worldwide.
MarketBeat's stock screener tool has identified Exxon Mobil, Linde, NuScale Power, Air Products and Chemicals, Cummins, Shell, and CF Industries as the top seven hydrogen stocks to watch. These companies are involved in various aspects of the hydrogen industry, from production to utilization. The article highlights that investing in hydrogen stocks provides exposure to the emerging hydrogen economy, which is being driven by decarbonization targets, technological advancements, and favorable government regulations. Exxon Mobil engages in crude oil and natural gas exploration, while Linde focuses on industrial gases. NuScale Power specializes in modular light water reactor nuclear power plants, and Air Products and Chemicals provides atmospheric and specialty gases. Cummins designs and manufactures diesel and natural gas engines. The sentiment of the article is positive, emphasizing the potential for growth in the hydrogen sector. The companies mentioned have experienced a surge in trading volume, indicating increasing investor interest in clean energy. Overall, hydrogen stocks are seen as promising investments with potential for significant returns in the future.