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Hydrogen stocks may not be doing so well on Tuesday but there’s potential for a huge catalyst that could boost shares higher.
FuelCell Energy (NASDAQ:FCEL) is part of this with the company creating its own solid oxide electrolyzer and solid oxide fuel cell platform. The company claims this will allow companies to create a more flexible energy system by incorporating hydrogen energy.
To go along with that, oil giant BP (NYSE:BP) continues to believe that hydrogen is the energy of the future. This has the oil company seeking to expand into the market with plans for its own stake in the sector over the next decade.
With all of this positive news for hydrogen stocks, it might not be a bad idea to buy them on today’s dips. This has several stocks in the market dropping today despite…