Considering investing in hydrogen fuel cell stocks? While the best hydrogen fuel cell stocks depend on your portfolio and investment goals, we've identified some hydrogen fuel cell stocks that are worth keeping an eye on in the alternative energy sector. Keep reading to learn more about hydrogen fuel cell stocks and how to start investing.
7 popular hydrogen fuel cell stocks to watch
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 stocks.
| Best stock | 1-year return | Market cap | Exchange | Volume | Buy on Qtrade |
|---|---|---|---|---|---|
| Plug Power (PLUG.US) | (data unavailable) | $2.9 billion (USD) | NASDAQ | (data unavailable) | |
| FuelCell Energy (FCEL.US) | (data unavailable) | $391 million (USD) | NASDAQ | (data unavailable) | |
| Ballard Power Systems (BLDP.US) | (data unavailable) | $794 million (USD) | NASDAQ | (data unavailable) | |
| Dow (DOW.US) | -29.45% | $19.5 billion (USD) | NYSE | 16,360,027 | |
| Air Products and Chemicals (APD.US) | -18.72% | $58.5 billion (USD) | NYSE | 2,571,432 | |
| Linde plc Ordinary Shares (LIN.US) | 2.43% | $212.4 billion (USD) | NASDAQ | 2,816,719 | |
| Bloom Energy (BE.US) | (data unavailable) | $35.8 billion (USD) | NYSE | (data unavailable) |
What to look for when investing in hydrogen fuel cell stock
The alternative energy industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering hydrogen fuel cell stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.
Also keep in mind that, while volatility can be ideal for day traders, long-term investors will want to look for stocks to offer steadier gains over time.
How to invest in hydrogen fuel cell stock
- Research the alternative energy industry. Before investing, learn about the hydrogen fuel cell stock sector, its trends and the companies within it. Look at each company's financial health, potential for growth and past performance to identify stocks that fit your investment goals.
- Choose a stock trading platform. Compare trading fees, access to trading tools and user interface options. We've identified reliable trading platforms to help narrow down your options below or check out the best stock trading apps in Canada to find one that suits your needs.
- Open and fund your account. Sign up with your personal details and link a bank account or funding method to deposit money before you start trading.
- Select the hydrogen fuel cell stock(s) to buy. Search by company name or ticker symbol, like PLUG or FCEL. Compare key metrics such as market cap, price history and earnings per share to pick the best stock for your strategy.
- Buy the stock and monitor performance. Place your order to buy the stock and track its performance over time. Consider setting alerts, signing up for industry newsletters or using platform research tools to stay up to date on market changes.
Our top picks for where to buy hydrogen fuel cell stocks
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Are hydrogen fuel cell stocks a good investment?
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.What are the best hydrogen fuel cell stocks?
A lot of factors go into picking the best hydrogen fuel cell stocks. Stock performance can be impacted by factors like market conditions, company decisions and global events. Plus, what may be a strong hydrogen fuel cell stock investment for one person might not be suitable for another.
That said, we rounded up this list of popular hydrogen fuel cell stocks in or related to the alternative energy industry to help narrow down your options:
- Plug Power (PLUG)
- FuelCell Energy (FCEL)
- Ballard Power Systems (BLDP)
- Dow (DOW)
- Air Products and Chemicals (APD)
- Linde plc Ordinary Shares (LIN)
- Bloom Energy (BE)
Keep in mind that this is not a "best" list or a recommendation. It highlights some hydrogen fuel cell stocks for informational purposes only and does not indicate past or future performance or investment advice. We do not guarantee any investment performance.
We've outlined detailed company and stock performance details for each hydrogen fuel cell stock below. Keep reading to decide if any of these companies are the right investment for you.
Plug Power (PLUG)
Plug Power Inc. develops hydrogen fuel cells product solutions in North America, Europe, Asia, and internationally. The company offers GenDrive, a hydrogen fueled proton exchange membrane 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; and Progen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems.
| Market Capitalization | $2.9 billion |
|---|---|
| Gross profit (TTM) | $-478,036,000 |
| Revenue (TTM) | $676.2 million |
| Earnings per share (TTM) | -$2.15 |
| 52-week stock price range | $0.69 – $4.58 |
FuelCell Energy (FCEL)
FuelCell Energy, Inc. , together with its subsidiaries, engages in the design, development, production, construction, operation, and servicing of high temperature fuel cells for clean electric power generation. The company engages in the provision of carbonate fuel cell technology; and commercialization of solid oxide electrolysis technology for distributed hydrogen.
| Market Capitalization | $391 million |
|---|---|
| Gross profit (TTM) | $-26,408,000 |
| Profit margin | -118.80% |
| Revenue (TTM) | $158.2 million |
| Earnings per share (TTM) | -$6.76 |
| 52-week stock price range | $3.58 – $11.99 |
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 comprising for bus, truck, rail, marine, stationary power, and emerging market, such as material handling, off-road, and other applications.
| Market Capitalization | $794 million |
|---|---|
| Gross profit (TTM) | $-3,368,000 |
| Profit margin | -132.80% |
| Revenue (TTM) | $90.3 million |
| Earnings per share (TTM) | -$0.40 |
| 52-week stock price range | $1.00 – $4.10 |
Dow (DOW)
Dow Inc. , through its subsidiaries, provides 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.
| Closing stock price | $27.55 |
|---|---|
| Market Capitalization | $19.5 billion |
| Gross profit (TTM) | $2.5 billion |
| Profit margin | -6.56% |
| Revenue (TTM) | $40 billion |
| Earnings per share (TTM) | -$3.70 |
| 52-week stock price range | $19.82 – $37.30 |
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, metals, manufacturing, electronics, energy production, medical, food, chemical and petrochemical manufacturing, oil and gas recovery and processing, and steel and primary metals processing.
| Closing stock price | $272.50 |
|---|---|
| Market Capitalization | $58.5 billion |
| Gross profit (TTM) | $3.8 billion |
| Profit margin | -3.28% |
| Revenue (TTM) | $12 billion |
| Earnings per share (TTM) | -$1.75 |
| 52-week stock price range | $227.45 – $332.28 |
Linde plc Ordinary Shares (LIN)
Linde plc operates as an industrial gas company in the United States, China, Germany, the United Kingdom, Australia, Mexico, Brazil, and internationally. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, electronic gases, specialty gases, acetylene, etc. The company also designs and constructs turnkey process plants for third-party customers, as well as for the gas businesses in various locations consist of air separation, hydrogen, synthesis, olefin, and natural gas plants.
| Closing stock price | $456.97 |
|---|---|
| Market Capitalization | $212.4 billion |
| Gross profit (TTM) | $16.3 billion |
| Profit margin | 21.17% |
| Revenue (TTM) | $33.5 billion |
| Earnings per share (TTM) | $14.95 |
| 52-week stock price range | $387.78 – $483.05 |
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. It offers Bloom Energy Server, a power generation platform to convert fuel, such as natural gas, biogas, hydrogen, or a blend of these fuels, into electricity through an electrochemical process without combustion. The company also provides Bloom Electrolyzer for producing hydrogen.
| Market Capitalization | $35.8 billion |
|---|---|
| Gross profit (TTM) | $566.8 million |
| Profit margin | 0.84% |
| Revenue (TTM) | $1.8 billion |
| Earnings per share (TTM) | $0.08 |
| 52-week stock price range | $15.15 – $167.57 |
Compare trading platforms to buy hydrogen fuel cell stock
Compare special offers, low fees and a wide range of investment options among popular trading platforms in Canada. Note that the dollar amounts in the table below are in CAD.
Finder Score for stock trading platforms
To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score, the better the platform—it's that simple.
Bottom line
If you're considering adding hydrogen fuel cell stocks to your portfolio, make sure you thoroughly look into any companies before investing to help mitigate risk. We've compiled a list of hydrogen fuel cell stocks to help narrow down your options. Then choose a legitimate stock trading platform to start investing. After that it comes down to monitoring the alternative energy industry to know when to buy, sell or hold.Frequently asked questions about hydrogen fuel cell stocks
Sources
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