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3 Hydrogen Stocks to Turn $100,000 into $1 million: February 2024
BEBloom Energy(BE) InvestorPlace·2024-02-22 17:44

Hydrogen stocks ended 2023 on a sour note and have not started 2024 on good footing either. The Global X Hydrogen ETF (NASDAQ:HYDR), which holds 27 different hydrogen energy companies, has fallen 19.4% on a year-to-date basis. However, this doesn’t mean the sector will not benefit from long-terms secular trends. For example, the Inflation Reduction Act of 2022 provides tax incentives and subsidies to clean energy projects, including hydrogen energy projects. Investors desiring to allocate to clean energy eq ...