10 Best Hydrogen Stocks to Buy According to Billionaires

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1. GE Vernova Inc. (NYSE:GEV)

Number of Billionaires: 20

GE Vernova Inc. (NYSE:GEV) operates across the electric power value chain, offering technologies that generate, convert, store, and manage electricity.  GE Verona focuses on hydrogen combustion solutions, supporting the clean energy transition with cutting-edge turbines and grid systems.

Last year, GE Vernova Inc. (NYSE:GEV) participated in a $405 million Series F round alongside Breakthrough Energy Ventures. In November 2024, the company’s Advanced Research division was awarded funding by the U.S. Department of Energy’s ARPA-E program to develop next-gen hydrogen detection technologies under the H2SENSE initiative. The project aligns with the growing global push toward hydrogen as a key decarbonization tool.

GE Vernova, Inc. (NYSE:GEV) recorded $34.94 billion in revenue in 2024 and a net income of $1.55 billion—up 454% year-over-year.

Analysts remain bullish on GE Vernova Inc. (NYSE:GEV), with 77% rating it a “Buy” with a median price target of $413, implying 48% upside. Institutional ownership stands at 80.4%, underscoring high conviction from large investors.

Overall, GEV ranks first among the 10 best hydrogen stocks to buy according to billionaires. While we acknowledge the potential of quantum computing companies, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than GEV but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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