Tag: hydrogen

  • Plug Power Could Run if Biden Loosens Hydrogen Tax Rules

    Plug Power Could Run if Biden Loosens Hydrogen Tax Rules

    With the world going green, keep an eye on hydrogen stocks like Plug Power (PLUG). Over the last few days, the Biden Administration announced new guidelines on hydrogen tax credits. “The tax credit, called 45V, can save companies up to $3 per kilogram of production if they can meet the tough new standards proposed. They’ll…

  • This is Why Plug Power Was Crushed

    This is Why Plug Power Was Crushed

    Hydrogen stocks are supposed to have a bright future. Goldman Sachs and Bank of America both say it could create an $11 trillion opportunity. President Biden is investing billions in hydrogen hubs in the U.S. Unfortunately, companies like Plug Power may not be around long enough to enjoy it. On Friday, shares of PLUG plummeted…

  • One of the Top Sectors to Invest In for 2023

    One of the Top Sectors to Invest In for 2023

    Keep an eye on hydrogen stocks, especially Plug Power (PLUG). According to UBS analyst Manav Gupta, the stock is a buy and could see $26 a share. “Hydrogen could be a $10 trillion market by 2030, and PLUG aims to be a one-stop shop and market leader in the entire space,” Gupta said, as quoted…

  • One of the Top Hydrogen Stocks to Consider

    One of the Top Hydrogen Stocks to Consider

    Plug Power (PLUG) is on the move. Up about 10% on a volume spike to 17.66 million shares, as compared to the daily average volume of 16.8 million, the stock could see higher highs this year. For one, Nikola just received a letter of intent for an order of 100 Class 8, heavy-duty Nikola Tre hydrogen…

  • This is Why Green Energy Stocks Could See Brighter Days

    This is Why Green Energy Stocks Could See Brighter Days

    Green energy stocks are soaring. All after Dem. Senator Joe Manchin agreed to an economic bill that includes climate spending. “Details of the bill are not yet available, but based on commentary from the Senators, we expect spending on clean energy (including hydrogen, nuclear and renewables) as well as fossil fuels,” analyst Mark Strouse at…

  • Use Weakness in Hydrogen Fuel Stocks as Opportunity

    Use Weakness in Hydrogen Fuel Stocks as Opportunity

    Pay close attention to hydrogen stocks this year. With countries all over the world pledging to reduce emissions, “Hydrogen would be necessary for the world’s largest emitters – the US, China, and Europe – to achieve net-zero climate targets by 2050 – 2060 by decarbonizing hard to abate industries,” says Energy Global. Analysts at Goldman…

  • Here’s Why Plug Power Just Popped

    Here’s Why Plug Power Just Popped

    Keep an eye on Plug Power (PLUG). After a rough outing in late 2021, the hydrogen stock is showing signs of life.  In fact, we’d use the latest pullback from $32 as an opportunity to buy. For one, we have to remember the hydrogen story could be worth trillions. Goldman Sachs called hydrogen a “once…

  • The Top Ways to Trade the Coming Hydrogen Boom

    The Top Ways to Trade the Coming Hydrogen Boom

    Keep an eye on beaten down hydrogen stocks. With demand only gaining momentum, stocks like Plug Power (PLUG), FuelCell Energy (FCEL), Bloom Energy (BE), and Ballard Power (BLDP) won’t stay down for long. For one, by 2027, the market could be worth up to $300 billion, says Global Market Insights. Two, according to the Clean…