There are some multibagger hydrogen stocks that investors should have on their radars.Investing in companies involved in the hydrogen industry could potentially offer significant growth opportunities for investors. The shift towards clean energy and the increasing demand for sustainable solutions are driving factors. These could propel the hydrogen sector forward in the coming years.Hydrogen is a clean-burning fuel that produces only water as a byproduct, making it an attractive alternative to fossil fuels. ...

If even Plug Power can't earn profits from fuel cell hydrogen, what hope is there for Bloom Energy and FuelCell Energy?'Twas the morning after Earth Day, and all through Wall Street, lots of fuel cell stocks were stirring this morning. As of 10:20 a.m. ET, shares of Plug Power (PLUG 5.42%) had risen 8.2%, Bloom Energy (BE 5.63%) was up by 9.3%, and FuelCell Energy (FCEL 10.81%) was doing best of all -- up 11.9%. Considering the calendar, investor interest in renewable energy stocks this week was probably to ...

2023 was a forgettable year for hydrogen stocks and the broader clean energy industry. Geopolitical issues, heightened interest rates, and rampant inflationary pressures were to blame for clean energy’s lackluster showing. Moreover, the Direxion Hydrogen ETF (NYSEARCA:HJEN) lost 20% of its value last year. This indicates the challenges confronted by the market.Nonetheless, hydrogen stocks could become multi-bagger investments for investors with a long-term investing horizon. Hydrogen and other renewable ene ...

The fuel cell provider announced a large partnership with an oil and gas giant for its new hydrogen electrolyzer technology.Shares of Bloom Energy (BE -0.85%) rallied 28.2% in March, according to data from S&P Global Market Intelligence.The fuel cell and electrolyzer manufacturer sold off hard after its fourth-quarter earnings report in February, so the stock was perhaps primed for a rebound on any good news. The announcement of a major collaboration on hydrogen technology with a prominent oil and gas giant ...

One stock that might be an intriguing choice for investors right now is Bloom Energy Corporation (BE) . This is because this security in the Alternative Energy – Other space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place ...

Hydrogen is vital to advancing cleaner energy sources and lowering carbon emissions. As a much cleaner alternative energy source, the major players interested in zero-carbon transformations and green makeovers are counting on hydrogen power coming into full force.However, hydrogen is difficult and expensive to extract at the scale required for widespread use. That is where these three stocks come in. All three are developing technology and making considerable investments to stay on track for the world’s con ...

Bloom Energy (NYSE:BE) stock is getting a boost on Monday after Evercore ISI analysts initiated coverage of the fuel cell systems company’s shares.Evercore ISI analysts kicked off their coverage of BE stock with an “outperform” rating for the shares. To put that in perspective, the analysts’ consensus rating for BE shares is moderate buy based on 16 opinions.In addition to that bull rating comes a $21 price target for BE stock from the Evercore ISI analysts. That’s a potential 86.8% upside for the shares co ...

Renewable energy stocks bounced back this week after getting some potentially positive news about interest rates and the energy market. While the bounce was good for investors, it wasn't driven by earnings or fundamental changes in supply and demand, but rather speculation that we're finally hitting bottom in the industry.According to data provided by S&P Global Market Intelligence, shares of Bloom Energy (BE 1.90%) jumped as much as 14.9%, Sunrun (RUN 0.61%) was up 19.7%, and JinkoSolar (JKS 1.82%) popped ...

The latest news out of the Federal Reserve’s March meeting was music to my ears. The Federal Open Market Committee revealed plans for not just one or two, but potentially three interest rate cuts in the year ahead! This development promises to be a boon for growth stocks that have languished at depressed prices. With the cost of borrowing set to fall, these companies will find it less expensive to fund their growth and service their debt. The broader economy should also get a lift, fueling more consumer spe ...

With governments around the world continuing to push for greener energy solutions, new environmental technology opportunities emerge every day. Markets such as electric vehicles, natural gas, solar, wind, and hydrogen energy are all seeing continued growth. Of course, not all sectors of clean energy are progressing at the same rate. In the case of hydrogen, current infrastructure and harvesting hurdles have resulted in slower growth than in other green energy sectors.Regardless, several reputable companies ...