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Hydrogen fuel cell stocks

Ready to invest in the alternative energy industry? Consider these 7 stocks.

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The best hydrogen fuel cell stocks depend on your portfolio and investment goals — while volatility can be ideal for day traders, long-term investors will want to look to stocks with steadier gains over time.

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Our picks for the best hydrogen fuel cell stocks

We round up a selection of stocks in or related to the alternative energy industry, weighting the list more heavily towards popular mid- and large-cap US stocks.

1. Plug Power (PLUG)

Plug Power Inc. delivers end-to-end clean hydrogen and zero-emissions fuel cell solutions for supply chain and logistics applications, on-road electric vehicles, stationary power market, and others in North America and internationally. It engages in building an end-to-end green hydrogen ecosystem, including liquid green hydrogen production, storage and handling, transportation, and dispensing infrastructure.

  • Previous close price: $3.96
  • Market capitalization: $2,561,273,600
  • 1 year performance: -75.00%
Buy PLUG stock on Interactive Brokers

2. 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.

  • Previous close price: $1.38
  • Market capitalization: $634,784,576
  • 1 year performance: -62.19%
Buy FCEL stock on Interactive Brokers

3. Ballard Power Systems (BLDP)

Ballard Power Systems Inc. engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products. The company offers its products for power product markets, consisting of heavy-duty motives, such as bus, truck, rail, and marine applications; material handling; and power generation.

  • Previous close price: $3.24
  • Market capitalization: $927,996,544
  • 1 year performance: -47.49%
Buy BLDP stock on Interactive Brokers

4. Dow (DOW)

Dow Inc. , through its subsidiaries, engages in the provision of various materials science solutions for packaging, infrastructure, mobility, and consumer applications in the United States, Canada, Europe, the Middle East, Africa, India, the Asia Pacific, and Latin America. The company operates through Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, and Performance Materials & Coatings segments.

  • Previous close price: $55.48
  • Market capitalization: $37,923,823,616
  • 1 year performance: -5.45%
  • P/E ratio: 65.8537
Buy DOW stock on Interactive Brokers

5. Air Products and Chemicals (APD)

Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals.

  • Previous close price: $226.85
  • Market capitalization: $48,374,919,168
  • 1 year performance: -19.19%
  • P/E ratio: 20.7841
Buy APD stock on Interactive Brokers

6. Linde plc Ordinary Shares (LIN)

Linde plc operates as an industrial gas company in North and South America, Europe, the Middle East, Africa, and the Asia Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene. The company also designs and constructs turnkey process plants for third-party customers, as well as for the gas businesses in various locations, such as air separation, hydrogen, synthesis, olefin, and natural gas plants.

  • Previous close price: $431.63
  • Market capitalization: $202,877,960,192
  • 1 year performance: 33.43%
  • P/E ratio: 33.2327
Buy LIN stock on Interactive Brokers

7. Bloom Energy (BE)

Bloom Energy Corporation designs, manufactures, sells, and installs solid-oxide fuel cell systems for on-site power generation in the United States and internationally. The company offers Bloom Energy Server, a solid oxide technology that converts fuel, such as natural gas, biogas, hydrogen, or a blend of these fuels, into electricity through an electrochemical process without combustion. It serves to data centers, retailers, hospitals, farming, semiconductors, and other manufacturing sectors.

  • Previous close price: $9.88
  • Market capitalization: $2,520,551,168
  • 1 year performance: -57.43%
Buy BE stock on Interactive Brokers

How to buy hydrogen fuel cell stocks

With an online trading account, you can buy hydrogen fuel cell stocks in a few simple steps:
  1. Compare online trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Use our comparison table to narrow down top brokers by fees and bonuses.
  2. Open and fund your account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for the stock you're interested in. Find the stock by name or ticker symbol, like PLUG or FCEL. Research its history to confirm it's a solid investment against your financial goals.
  4. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy fractional shares, depending on your broker.
  5. Buy the stock. Congratulations, you own a part of a hydrogen fuel cell company. Optimize your portfolio by tracking how your stock — and even the sector as a whole — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

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Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

Bottom line

While it's possible to turn a profit investing in hydrogen fuel cell stocks, keep in mind that — like any investment — hydrogen fuel cell stocks are not immune to risk. These stocks are subject to fluctuating conditions — both in the market and in the alternative energy industry, so carefully vet your picks before you invest. And if you're new to investing, or if it's been awhile since you've taken a critical look at your investing accounts, compare brokers to make sure you're getting the best features in your trading account.

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