3 Cheap Hydrogen Stocks to Buy Now: May 2024
PLUGPlug Power(PLUG) investorplace.com·2024-05-21 02:25

The hydrogen story holds significant potential. We can see that with cheap hydrogen stocks like Plug Power (NASDAQ:PLUG), for example, which ran from a low of about $2.80 to $4.90. This boom came from the news that it received a commitment for a loan guarantee of up to $1.66 billion from the U.S. Department of Energy. That money is expected to fund about six green hydrogen production facilities across the U.S.“I think the loan kind of validates the vision,” said Plug Chief Executive Officer Andy Marsh in an ...