Seven Hydrogen Stocks to Watch Today for Potential Investment Opportunities
Key Ideas
- Exxon Mobil, NuScale Power, Linde, Plug Power, Shell, Air Products and Chemicals, and Energy Transfer are identified as key players in the hydrogen sector.
- Investors are interested in hydrogen stocks due to their role in decarbonizing transportation, industry, and power generation.
- These companies experienced high trading volume recently, indicating investor interest and activity in the hydrogen market.
- Each company, including Exxon Mobil, NuScale Power, Linde, Plug Power, and Shell, has unique offerings and market positions in the hydrogen economy.
MarketBeat's stock screener tool has highlighted Exxon Mobil, NuScale Power, Linde, Plug Power, Shell, Air Products and Chemicals, and Energy Transfer as the seven hydrogen stocks to watch for potential investment opportunities. These companies are actively involved in the production, distribution, storage, and utilization of hydrogen as an energy carrier. Investors are drawn to hydrogen stocks as they see the sector's potential in decarbonizing transportation, industry, and power generation. The selected companies had the highest dollar trading volume within the hydrogen stocks category in recent days.
Exxon Mobil engages in the exploration and production of crude oil and natural gas, while NuScale Power focuses on developing and selling modular light water reactor nuclear power plants for various applications, including hydrogen production. Linde operates as an industrial gas company, offering a range of atmospheric and process gases, including hydrogen. Plug Power develops hydrogen and fuel cell solutions globally, catering to material handling, backup power, and fueling needs.
Shell, an energy and petrochemical company, plays a significant role in the hydrogen economy through its operations in exploring and extracting oil and gas, as well as producing gas-to-liquids fuels. These companies, with their diverse offerings and market positions, provide investors with avenues to participate in the growing hydrogen market. The recent trading activities reflect the increasing investor interest and confidence in the future of hydrogen as a key component in the transition to a more sustainable energy landscape.