3 Hydrogen Stocks to Know for Investing in 2023
The hydrogen sector has been gaining ground in recent years, with the popularity of hydrogen fuel cells and other renewable energy sources increasing. With this trend comes a new opportunity for investors—the possibility to invest in hydrogen stocks. These stocks represent a variety of companies involved in producing, transporting, and storing hydrogen, as well as those manufacturing hydrogen fuel cells. By investing in these stocks, investors can take advantage of this growing industry and potentially see their investments pay off in the long run.
For investors looking to get into the hydrogen sector, there are a few key players you should keep an eye on. Plug Power (NYSE: PLUG) is one of the first stocks to consider when it comes to investing in the hydrogen sector. Plug Power is a leading provider of hydrogen fuel cell solutions for many applications, including cars, trucks, and power plants. The company also produces the ProGen series of fuel cell engines, which are designed for efficient and clean energy production. Along with these key products, Plug Power has a strong presence in the transportation and storage of hydrogen.
Another big player in the hydrogen sector is Ballard Power Systems (NASDAQ:BLDP). This company specializes in the manufacturing of electrical systems that use hydrogen fuel cells, and is a leader in technology development for both stationary and mobile applications. Ballard has established itself as a reliable partner for various markets, including telecom, transportation, and material handling. In addition, Ballard has recently partnered with other companies, such as Volvo, to expand its presence in the automotive industry.
Finally, Clean Energy Fuels Corp (NASDAQ:CLNE) is a hydrogen transportation and storage company that has become increasingly popular in recent years. This company operates a network of fueling stations that handle the transportation of hydrogen, and has established itself as the largest provider of this service in North America. Clean Energy Fuels is also exploring new opportunities for hydrogen energy production and storage, including the development of renewable hydrogen production for use in its fueling stations.
Investing in hydrogen stocks is a great way to stay ahead of the curve in this rapidly growing industry. By following the major players in the sector and keeping an eye on what they’re doing, investors can make informed decisions about which stocks are worth buying or selling. As the hydrogen sector continues to expand, it’s likely that these stocks will continue to perform well over time.