3 Hydrogen Stocks to Buy on the Dip: February 2024
Bloom Energy(BE) InvestorPlace·2024-02-05 17:41
While the Biden Administration did pass the Inflation Reduction Act in 2022, which provides tax incentives and subsidies to clean energy projects, hydrogen stocks ended 2023 on a sour note. Case in point, the Global X Hydrogen ETF (NASDAQ:HYDR) fell 36.5%. If you glance at how the ETF has performed over the last twelve months, its price has fallen by more than 55%. Investors desiring to allocate to clean energy equities assets, should probably regard this major dip in equity value as an opportunity to alloc ...