News Formal

Want in on green hydrogen? This bank names six stocks to buy right now

  • 📰 CNBC
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Berenberg analysts picked a number of stocks in the sector with 'attractive' entry points.

Ashley Cooper | Corbis | Getty Images

Berenberg has listed six stocks to buy in the clean energy sector, including in the closely-watched "green" hydrogen space. Analysts at the investment bank noted that while the hydrogen sector has underperformed so far in 2021, it could get a serious boost from the Biden administration, with the U.S. Department of Energy recently announcing plans to reduce green hydrogen's production costs by 80%.

Currently, the vast majority of hydrogen production is based on fossil fuels, but the potential of so-called

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

$PRL is a great buy too 👀

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Beware these risky tech stocks in your portfolio, strategist Parker warnsNew for subscribers: Beware these risky tech stocks in your portfolio, strategist Parker warns. Check out CNBCPro today. Pro bbto1000 Buy BlackBerry Pro SEC Commissioner Hester Peirce talks crypto regulations bitcoin cryptocurrencies Pro CNBC only wants $300/yr to alleviate the fear they're trying to instill with this headline. hannahmiao_
Source: CNBC - 🏆 12. / 72 Read more »