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Top Hydrogen Stocks To Add to Your Watchlist - October 4th

Plug Power logo with Industrials background

Key Points

  • Plug Power, NuScale Power, and CF Industries are highlighted as top hydrogen stocks to monitor, reflecting their significant trading volumes and roles in the low-carbon hydrogen economy.
  • Plug Power specializes in developing hydrogen and fuel cell product solutions, offering various systems designed for multiple sectors such as telecommunications and transportation.
  • NuScale Power focuses on modular nuclear reactors that can support hydrogen production and other energy applications, while CF Industries manufactures hydrogen and nitrogen products for various industrial uses.
  • Interested in Plug Power? Here are five stocks we like better.

Plug Power, NuScale Power, and CF Industries are the three Hydrogen stocks to watch today, according to MarketBeat's stock screener tool. Hydrogen stocks are shares of companies involved in the production, distribution or technology development of hydrogen as an energy carrier—this can include electrolyzer manufacturers, fuel-cell producers and firms building hydrogen infrastructure. Investors buy these stocks to gain exposure to the anticipated growth of the low-carbon hydrogen economy, though they must weigh factors like technology maturation, regulatory support and market adoption risks. 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

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

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 and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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