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Hydrogen Stocks To Follow Today - May 9th

NuScale Power logo with Computer and Technology background
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Key Points

  • NuScale Power, CF Industries, and Plug Power were highlighted as the three hydrogen stocks to watch today because they posted the highest dollar trading volume among hydrogen-related names in recent days.
  • NuScale Power (SMR) is positioned around modular nuclear reactor technology that can support not only power generation, but also district heating, desalination, and hydrogen production.
  • CF Industries and Plug Power represent two different hydrogen plays: CF focuses on manufacturing and selling hydrogen and nitrogen products for industrial use, while Plug Power builds hydrogen fuel cell and fueling solutions across multiple regions.
  • Five stocks to consider instead of NuScale Power.

NuScale Power, CF Industries, and Plug Power are the three Hydrogen stocks to watch today, according to MarketBeat's stock screener tool. Hydrogen stocks are shares of publicly traded companies involved in producing, storing, transporting, or using hydrogen as an energy source. For stock market investors, the term usually refers to companies positioned to benefit from the growth of the hydrogen economy, including fuel cells, electrolyzers, industrial gas suppliers, and clean energy infrastructure providers. These companies had the highest dollar trading volume of any Hydrogen stocks within the last several days.

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

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

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

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