Bright Future for Clean Hydrogen Stocks? Analysts Are Watching
Bloom Energy(BE) MarketBeat·2024-11-04 12:31
Industrials stocks have thrived in the last year amid a rush of spending, much due to the Inflation Reduction Act, the CHIPS and Science Act, and other government support. The benchmark Industrial Select Sector SPDR Fund NYSEARCA: XLI is up more than 36% in the last year as a result. However, one section of the industrials space has so far failed to perform up to the standards set by the sector more broadly. Stocks of clean hydrogen companies—those involved in the development of technologies and products to ...