Get alerts: NuScale Power, Plug Power, and CF Industries are the three Hydrogen stocks to watch today, according to MarketBeat’s stock screener tool. Hydrogen stocks are shares of companies involved in producing, storing, transporting, or enabling the use of hydrogen as an energy carrier—this includes firms that make electrolyzers, fuel cells, storage and distribution infrastructure, and industrial gas suppliers. For investors, they offer exposure to the emerging “hydrogen economy” with potential for sign ...

Plug Power Inc. (NASDAQ:PLUG) is among the overlooked penny stocks to invest in. On January 9, TD Securities trimmed its price target on Plug Power Inc. (NASDAQ:PLUG) to $2 from $4 and downgraded the stock from Buy to Hold. According to the firm, uncertainty continues to build around demand, and risks tied to execution exist for the company’s prime offerings. With worries regarding the ramp-up in electrolyzers and material handling, which the firm believes is materializing slower than previously thought, ...

Core Insights - The article discusses overlooked penny stocks as potential investment opportunities, emphasizing that investors often miss compelling options due to the volatility and speculative nature of stocks trading under $5 [1][4]. Market Conditions - Broader market conditions are becoming more supportive of selective risk-taking, with a forecast for 2026 indicating stronger-than-trend growth, accommodative policy, and enhanced productivity [2]. - A client survey revealed that 50% of respondents are bullish, with 48% likely to take risks in U.S. equities and 24% in emerging markets [2]. AI Investment Theme - AI is highlighted as a top equity investment theme, with expectations that the market continues to undervalue the opportunities presented by AI data center buildouts [3]. - The improving macro environment and investor enthusiasm for AI-driven productivity are creating favorable conditions for overlooked stocks [3]. Methodology for Stock Selection - The selection process involved filtering companies with a market capitalization over $2 billion and a trading price under $5, focusing on those with the fewest hedge fund holdings to identify overlooked stocks [6]. - Stocks were then ranked based on their potential upside [6]. Company Insights: Ardagh Metal Packaging S.A. (NYSE:AMBP) - Ardagh Metal Packaging has an upside potential of 0.23% as of January 21, 2026, with 30 hedge fund holders [8]. - UBS raised its price target for the company to $4.25, while Morgan Stanley increased it to $4.30, indicating a positive outlook on global beverage demand growth of 2.3% in 2026 [9]. - Truist also raised its price target to $5, noting favorable conditions for beverage cans in North America and Europe [10]. - The company operates in the metal beverage can sector, primarily serving beverage producers [11]. Company Insights: Plug Power Inc. (NASDAQ:PLUG) - Plug Power has an upside potential of 1.35% as of January 21, 2026, with 27 hedge fund holders [12]. - TD Securities lowered its price target to $2 and downgraded the stock from Buy to Hold, citing uncertainty around demand and execution risks [12]. - Analyst sentiment is mixed, with 28% of analysts rating it as a Buy and a wide range in consensus price targets, indicating a cautious outlook [14]. - The company specializes in hydrogen fuel cell product solutions [15].

Core Insights - Plug Power has secured its first contract with NASA, marking a significant milestone for the company in the hydrogen solutions sector [1][2] - The contract, valued at up to $2.8 million, allows Plug Power to supply up to 480,000 pounds of liquid hydrogen to NASA's facilities [1][2] - This partnership could lead to further opportunities, as NASA consumes over 37 million pounds of liquid hydrogen annually [3] Company Developments - The NASA contract demonstrates Plug Power's capability to meet stringent standards for purity and reliability in critical operations [2][4] - Plug Power aims to expand its presence in the aerospace sector, moving beyond its traditional material handling business [4] - The company is positioning itself as a key player in the growing hydrogen economy, with applications in aerospace, industrial operations, and next-generation energy systems [4] Operational Performance - Plug Power reported $177 million in revenue for the third quarter, showing balanced growth across its hydrogen business segments [7] - The electrolyzer segment generated $65 million in revenue, reflecting a 13% year-over-year increase [7] - The company's operational cash burn improved by over 50%, attributed to pricing discipline and effective working capital management [7] Market Position - Plug Power has a market capitalization of $2.64 billion, despite being down over 50% from its 52-week high [5] - The company develops hydrogen fuel cell systems and infrastructure for various applications, including material handling and backup power [5][6] - Plug Power's integrated services facilitate the transition from fossil fuels to clean hydrogen across multiple industries [6]