Notably, under the context of the best hydrogen stocks to buy, APD represents the world’s leading hydrogen supplier. Source: Andy Borysowski / īased in Allentown, Pennsylvania, Air Products & Chemicals (NYSE: APD) focuses on its principal business, which involves selling gases and chemicals for industrial uses. In addition, their average price target stands at $67.81, implying an upside potential of over 16%.Īir Products (APD) logo on the Arts Quest building, Air Products is a sponsor of Air Products Town Square at Arts Quest in Bethlehem, PA Currently, they peg shares as a consensus moderate buy. On the bottom line, Shell’s net margin stands at nearly 12%, beating out almost 64% of the competition.īetter yet, Wall Street analysts support the upside narrative of SHEL stock. Further, the company enjoys a decent balance sheet. Aside from the coronavirus-impacted years, Shell has revenue predictability. Last year, Shell made headlines when it announced plans to build Europe’s largest renewable energy hydrogen plant.įor investors trickling into the alternative energy space, SHEL makes for a solid case for the best hydrogen stocks to buy. However, management appears to realize the inevitable trend toward hydrogen. Representing one of the world’s biggest hydrocarbon industry players, Shell (NYSE: SHEL) might seem an odd entry for one of the best hydrogen stocks to buy.
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