Promising Hydrogen Stocks To Keep An Eye On - October 6th

Key Points

• Plug Power, NuScale Power, and FuelCell Energy are highlighted as top hydrogen stocks to monitor due to their significant trading volumes and involvement in low-carbon hydrogen production and infrastructure.
• NuScale Power focuses on developing modular nuclear power plants, which are intended for applications beyond energy generation, including hydrogen production and district heating.
• FuelCell Energy manufactures fuel cell and electrolysis platforms aimed at decarbonizing power and producing hydrogen, offering solutions for various energy applications including microgrid support and carbon capture technologies.

Plug Power, 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 involved in producing, distributing, or applying hydrogen as a low-carbon energy carrier. By investing in firms that make green hydrogen via electrolysis, blue hydrogen with carbon capture, fuel cells, or related infrastructure, investors seek exposure to the growing market for hydrogen-powered energy and transportation. These companies had the highest dollar trading volume of any Hydrogen stocks within the last several days.

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

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