5 Best Hydrogen Fuel Cell Stocks To Buy

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1. Linde plc (NYSE:LIN)

Number of Hedge Fund Holders: 55

Topping the list of 9 best hydrogen fuel cell stocks to buy is Linde plc (NYSE:LIN), one of the biggest pioneering suppliers of hydrogen fuel cell infrastructure in the world having more than 200 hydrogen refueling stations 80 hydrogen electrolysis plants globally. 

Linde plc (NYSE:LIN) also started building the world’s first hydrogen refueling station for passenger trains in Germany last year, which is set to operate in early 2022. Linde plc (NYSE:LIN) shares are up 12.3%, year to date.

On September 17, Societe Generale analyst Peter Clark kept a Buy rating on Linde plc (NYSE:LIN) and increased his price target for the stock to $365 from $350.

In the second quarter of 2021, Linde plc (NYSE:LIN) reported an EPS of $2.70, beating estimates by $0.17. The company’s revenue in the second quarter was $7.58 billion, an increase of 19% year over year, and beat revenue estimates of $202.68 million. Shares of Linde plc (NYSE:LIN) increased 28% in the past year.

At the end of the second quarter of 2021, 55 hedge funds in the database of Insider Monkey held stakes worth $5.92 billion in Linde plc (NYSE:LIN), up from 43 hedge funds in the previous quarter worth $4.63 billion.

You can also take a peek at the 11 Best Robinhood Stocks To Buy According To Hedge Funds and Why These 10 Stocks Are Trending on Wednesday.

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