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

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Goldman names 2 global stocks to play the 'clean hydrogen revolution,' giving one 50% upside
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Goldman Sachs says the 'clean hydrogen revolution' is here. It reveals two of its buy-rated stocks to play the boom.

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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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If u listen to goldman u gonna get screwed

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Goldman Sachs says these stocks are too attractive to ignore in an uncertain economyGoldman 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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