Finding stocks to invest in that potentially offer heavy returns is the simplest growth strategy in the stock market. Hydrogen is one such industry, holding room for run and potent to offer heavy profits in returns. The demand for natural products and services has surged in the past few years, with the increased popularity of sustainability. The world is going sustainable and thus, the chances of heavy profit from hydrogen stocks are raised.
If you are interested in investing in stocks and earning profits from the same, then you are on the right platform. Here are the 3 best hydrogen stocks to invest in September 2023 to earn heavy returns in the future.
Air Products and Chemicals Inc. (NYSE: APD)
Air Products and Chemicals Inc. is one of the best hydrogen stocks to invest in at present. Founded in 1940, the company is heavily engaged in the manufacturing and distribution of atmospheric gasses including oxygen, carbon monoxide, hydrogen, helium, and many more. The annual revenue of the firm is $12.699 Billion with a net income of $2.244 Billion and 29.60 TTM. APD stock price is $286.70 with a market cap of $63.69 Billion. Based on the current performance and an aggregate view of professional ratings, the stock is a good option to buy now.
Bloom Energy Corporation (NYSE: BE)
Another powerful hydrogen stock to consider at present is Bloom Energy Corporation, founded in 2001 with the mission to develop a sustainable world. With a workforce of 2.53K, the company is heavily engaged in the manufacturing and installation of products including bloom energy servers, low-pressure natural gas, and biogas into electricity. BE stock price is $13.35 with a market cap of $3.005 Billion. Based on the current performance and Tradingview’s professional ratings, the stock is a good buy. The current revenue of the company is around $1.199 Billion.
Plug Power Inc. (NYSE: PLUG)
Plug Power Inc. is another popular hydrogen stock to discover in September 2023. Founded in 1997, the company offers alternative energy technologies to the world which mainly focuses on the design, commercialization, manufacture, development, and commercialization of hydrogen and fuel cell systems. Being a leader in Electronic production equipment, the company holds around 3.353K employees, generating an annual revenue of $701.44 Million. Focusing on the current performance of the firm, PLUG’s stock price at present is around $7.55 with a market cap of $4.545 Billion. An aggregate view of professional’s ratings PLUG is a strong stock to buy.
Conclusion
The increased craze for sustainability and eco-friendly products just boomed the value of companies operating in the energy sector. The rapid upsurge in energy product demand attracted investors to such stocks. Plug Power Inc., Air Products and Chemicals Inc., and Bloom Energy Corporation are some top stocks to invest in at present to get heavy returns in the future.
Nancy J. Allen is a crypto enthusiast and believes that cryptocurrencies inspire people to be their own banks and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning.
Source: https://www.thecoinrepublic.com/2023/10/01/3-best-green-hydrogen-stocks-offering-returns-in-september-2023/