Goldman names 2 global stocks to play the 'clean hydrogen revolution,' giving one 50% upside

The boom in clean hydrogen is picking up pace, according to investment bank Goldman Sachs. "The clean hydrogen revolution continues to accelerate," analysts at the bank said in a Feb. 13 note. "We have reflected this in our hydrogen forecasts, almost tripling our base case scenario to 2030, vs. our initial estimates from last year ." The bank pointed to a few factors driving clean hydrogen, including positive regulation gaining pace with the U.S.

The cleanest type — green hydrogen — uses energy from renewable sources, while so-called blue hydrogen is produced from natural gas. Stock picks Goldman named the following buy-rated stocks as ways to play the theme: Ceres Power The bank gives this stock a price target of £6.70 — or 50% potential upside, saying it has adopted a "differentiated, high margin" model.

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Goldman Sachs says these stocks are too attractive to ignore in an uncertain economyGoldman Sachs analysts like stocks with growth potential during periods of economic uncertainty.
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