FuelCell Energy Inc (FCEL)

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Hydrogen stocks like FuelCell Energy, Ballard Power Systems (NASDAQ:BLDP), and Plug Power (NASDAQ:PLUG) could rebound.

Previous catalysts, such as the recently approved $1-trillion infrastructure bill, are likely to provide much-needed capital and demand for this early-stage sector.

Indeed, the Hydrogen Shot Initiative is what many investors are eyeing right now. This is a program where the U.S government intends to reduce hydrogen fuel production costs from $5 per kilogram to $1 per kilogram by 2030. Such a move in green energy prices could indeed spur the renaissance of this industry.

https://www.investing.com/news/stock-market-news/fuelcell-energy-whats-behind-stocks-rough-2021-2612509