Hydrogen Stocks To Keep An Eye On - May 3rd

Key Points

• MarketBeat's screener flags CF Industries (CF), NuScale Power (SMR), and FuelCell Energy (FCEL) as the hydrogen stocks to watch, citing they had the highest recent dollar trading volume among hydrogen-related names.
• CF supplies hydrogen and nitrogen products for fertilizers and industrial uses, NuScale offers modular nuclear reactors that can enable hydrogen production, and FuelCell Energy builds fuel cell and electrolysis platforms for distributed hydrogen and decarbonization.
• These names provide exposure to the growing hydrogen economy, but investors should be aware they can be volatile and face material technology, regulatory, and execution risks.

CF Industries, NuScale Power, and FuelCell Energy are the three Hydrogen stocks to watch today, according to MarketBeat's stock screener tool. Hydrogen stocks are shares of publicly traded companies that derive significant revenue from the production, storage, distribution, equipment (like electrolyzers and fuel cells), or infrastructure related to hydrogen as an energy carrier, as well as exchange-traded funds or other securities that provide targeted exposure to that sector. For investors, these stocks offer a way to gain exposure to the developing "hydrogen economy" and decarbonization trends, but they can be volatile and carry technology, regulatory, and execution risks. 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

FuelCell Energy (FCEL)

FuelCell Energy, Inc., together with its subsidiaries, manufactures and sells stationary fuel cell and electrolysis platforms that decarbonize power and produce hydrogen. The company provides various configurations and applications of its platform, including on-site power, utility grid support, and microgrid, as well as distributed hydrogen; solid oxide-based electrolysis; solutions for long duration hydrogen-based energy storage and electrolysis technology; and carbon capture, separation, and utilization systems.

Read Our Latest Research Report on FCEL

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