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Top Hydrogen Stocks To Follow Now - October 17th

NuScale Power logo with Computer and Technology background

Key Points

  • The top hydrogen stocks to follow currently are NuScale Power, Plug Power, and CF Industries, recognized for their significant trading volume in the hydrogen sector.
  • NuScale Power focuses on developing modular nuclear power plants capable of hydrogen production and other energy applications, while Plug Power specializes in hydrogen and fuel cell solutions across various sectors.
  • CF Industries manufactures hydrogen and nitrogen products primarily for energy and industrial activities, illustrating the diverse demand for hydrogen-related technologies.
  • MarketBeat previews the top five stocks to own by November 1st.

NuScale Power, Plug 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, storage, equipment (like electrolyzers and fuel cells), or related services for hydrogen as an energy carrier. Investors watch these equities for potential growth tied to the clean-energy transition and government support, while weighing risks from technology maturity, infrastructure needs, and policy or commodity-price uncertainty. 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

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

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

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Should You Invest $1,000 in NuScale Power Right Now?

Before you consider NuScale Power, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NuScale Power wasn't on the list.

While NuScale Power currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

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