Green Hydrogen Infrastructure Gains Government Support, Boosting Fuel Cell Stocks

Based on the latest information provided, there are signs that the US government’s support for green hydrogen infrastructure may extend beyond Plug Power’s recently approved loan guarantee. This has led to renewed interest in hydrogen fuel cell stocks such as FuelCell Energy, Bloom Energy, and Clean Energy Fuels, as investors anticipate further government assistance. However, it’s important to note that none of the companies mentioned have consistently turned a profit, and caution should be exercised before investing. The Motley Fool Stock Advisor service suggests that investors consider a broader portfolio strategy, which includes regular updates and new stock picks. As of May 13, 2024, the Stock Advisor service has outperformed the S&P 500 since 2002. It’s essential to remember that past performance is not indicative of future results, and investing involves risks. Investors should conduct thorough research before making any decisions.