The 7 Best Fuel Cell Energy Stocks to Buy Now
Fuel cell energy stocks have been in the news for a recently announced tax credit low carbon hydrogen by the U.S. government. The new tax credit is part of the Inflation Reduction Act (IRA) and could become a major needle-mover for the sector. Fuel cells use energy from hydrogen and other clean fuels to generate power efficiently. Most industry experts feel it will play a massive role in achieving zero carbon emissions. Moreover, as its technologies improve, the sector will rebound emphatically. Research suggests that the worldwide fuel cell industry will grow 23.3% from 2020 to 2028. Having said that, let’s look at the best fuel cell energy stock to buy on the dip. FCEL FuelCell Energy $4.20 BLDP Ballard Power Systems $7.99 CMI Cummins $222.50 PLUG Plug Power $28.94 BE Bloom Energy $26.22 APD Air Products Chemicals, Inc. $262.23 LIN Linde $286.25 FuelCell Energy ( FCEL ) Source: Kaca Skokanova|Shutterstock FuelCell Energy (NASDAQ: FCEL ) is a leader in manufacturing fuel cell energy platforms for the production of hydrogen and decarbonizing power.
The 7 Best Fuel Cell Energy Stocks to Buy Now
Fuel cell energy stocks have been in the news for a recently announced tax credit low carbon hydrogen by the U.S. government. The new tax credit is part of the Inflation Reduction Act (IRA) and could become a major needle-mover for the sector. Fuel cells use energy from hydrogen and other clean fuels to generate power efficiently. Most industry experts feel it will play a massive role in achieving zero carbon emissions. Moreover, as its technologies improve, the sector will rebound emphatically. Research suggests that the worldwide fuel cell industry will grow 23.3% from 2020 to 2028. Having said that, let’s look at the best fuel cell energy stock to buy on the dip. FCEL FuelCell Energy $4.20 BLDP Ballard Power Systems $7.99 CMI Cummins $222.50 PLUG Plug Power $28.94 BE Bloom Energy $26.22 APD Air Products Chemicals, Inc. $262.23 LIN Linde $286.25 FuelCell Energy ( FCEL ) Source: Kaca Skokanova|Shutterstock FuelCell Energy (NASDAQ: FCEL ) is a leader in manufacturing fuel cell energy platforms for the production of hydrogen and decarbonizing power.