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Best Hydrogen Stocks To Keep An Eye On - March 19th

CF Industries logo with Basic Materials background
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Key Points

  • CF Industries, NuScale Power, and Plug Power were flagged by MarketBeat's screener as the top hydrogen stocks to watch, based on the highest dollar trading volume among hydrogen-related companies in recent days.
  • Hydrogen stocks offer exposure to the emerging decarbonization economy but tend to be volatile and are driven by technology advances, energy prices, and government policy.
  • Company roles differ: CF Industries produces ammonia/nitrogen and hydrogen products for fertilizer and industrial uses, NuScale develops small modular reactors that can provide power and process heat for hydrogen production, and Plug Power supplies fuel cells, hydrogen fueling, and related services.
  • MarketBeat previews top five stocks to own in May.

CF Industries, NuScale Power, and Plug Power are the three Hydrogen stocks to watch today, according to MarketBeat's stock screener tool. Hydrogen stocks are shares of companies whose primary business or significant operations involve producing, storing, distributing, or enabling the use of hydrogen (including fuel cells and related infrastructure). Investors buy them to gain exposure to the emerging hydrogen economy and its decarbonization potential, though such stocks can be volatile and are influenced by technology developments, energy prices, and government policy. These companies had the highest dollar trading volume of any Hydrogen stocks within the last several days.

CF Industries (CF)

CF Industries Holdings, Inc., together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.

Read Our Latest Research Report on CF

NuScale Power (SMR)

NuScale Power Corporation engages in the development and sale of modular light water reactor nuclear power plants to supply energy for electrical generation, district heating, desalination, hydrogen production, and other process heat applications. It offers NuScale Power Module (NPM), a water reactor that can generate 77 megawatts of electricity (MWe); and VOYGR power plant designs for three facility sizes that are capable of housing from one to four and six or twelve NPMs.

Read Our Latest Research Report on SMR

Plug Power (PLUG)

Plug Power Inc. develops hydrogen and fuel cell product solutions in North America, Europe, Asia, and internationally. The company offers GenDrive, a hydrogen-fueled proton exchange membrane (PEM) fuel cell system that provides power to material handling electric vehicles; GenSure, a stationary fuel cell solution that offers modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors; ProGen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems, and as engines in electric delivery vans; GenFuel, a liquid hydrogen fueling delivery, generation, storage, and dispensing system; GenCare, an ongoing Internet of Things-based maintenance and on-site service program for GenDrive fuel cell systems, GenSure fuel cell systems, GenFuel hydrogen storage and dispensing products, and ProGen fuel cell engines; and GenKey, an integrated turn-key solution for transitioning to fuel cell power.

Read Our Latest Research Report on PLUG

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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