Top Seven Hydrogen Stocks to Watch Today for Investors
Key Ideas
- Exxon Mobil, Linde, NuScale Power, Shell, Air Products and Chemicals, Cummins, and Energy Transfer are highlighted as top hydrogen stocks for investment.
- These companies are involved in the development, production, or distribution of hydrogen for clean energy purposes, aligning with global decarbonization efforts.
- Investors are showing interest in these firms due to their high trading volume and potential growth within the hydrogen economy.
- Each company's stock performance and financial indicators are closely monitored for investment opportunities in the hydrogen sector.
MarketBeat's stock screener tool has identified Exxon Mobil, Linde, NuScale Power, Shell, Air Products and Chemicals, Cummins, and Energy Transfer as the top seven hydrogen stocks to watch for investors. These companies are publicly traded and are engaged in activities related to developing, producing, or distributing hydrogen as a clean energy carrier. They may be involved in manufacturing electrolyzers, fuel cells, storage and transportation infrastructure, or producing hydrogen from renewable or low-carbon sources. Investors are keen on these stocks to gain exposure to the growing hydrogen economy and support global decarbonization efforts.
Exxon Mobil, for instance, focuses on the exploration and production of crude oil and natural gas internationally. Linde plc operates as an industrial gas company offering various atmospheric and process gases, including hydrogen. NuScale Power Corporation is involved in the development and sale of modular nuclear power plants for various applications, including hydrogen production.
Shell plc operates as an energy and petrochemical company, while Air Products and Chemicals, Inc. provides atmospheric and specialty gases, including hydrogen, to various industries. Cummins Inc. specializes in designing and manufacturing diesel and natural gas engines, as well as electric and hybrid powertrains.
Investors are attracted to these companies due to their high-dollar trading volume in the hydrogen sector and the potential growth opportunities within the industry. The financial performance and stock indicators of each company, such as market capitalization, PE ratio, and debt-to-equity ratio, are closely monitored for investment decisions in the hydrogen market.