In the global push for clean energy, interest and investment are increasing within the hydrogen economy. This translated into a massive rally for some of the best hydrogen stocks during the market euphoria of 2021. However, a deep correction in hydrogen stocks followed with cash burn, and equity dilution was a concern among emerging names.
This provides a good opportunity to consider exposure to the best clean energy stocks. Specific to the hydrogen economy, the investments are just the tip of the iceberg. To put things into perspective, the demand for hydrogen touched 87 million tons in 2020. Demand is expected to increase to 500 to 680 million tons by 2050. Given this potential, quality hydrogen companies will be positioned for multi-fold growth in the next ten years.
This post appeared first on InvestorPlace.