Three Fuel Cell ETFs for the Hydrogen Economy

The efficient market hypothesis states that all available information is priced into the market. If new information becomes available, stock prices will react accordingly, sometimes in a dramatic fashion. This often happens when companies meet or fail to meet guidance. Trading on information before it becomes available – insider trading – is illegal. Therefore, stocks that rise meteorically should be viewed with a great deal of suspicion, especially when a loosely related group of tech stocks does so in unison.

Check out these charts.

The chart in the lower right hand corner reflects the performance of a U.K. fuel cell stock, while the other three charts reflect the biggest fuel cell stocks trading in the United States. The red “X” you see on each of the four charts denotes early January 2021, a time when all these stocks peaked simultaneously. A cursory look at the news around that time shows a $1.6 billion investment in Plug Power by SK Group, a rising tide that lifted all ships. Clearly, hydrogen investors are agreeing upon which stocks belong to the hydrogen thesis.

Three Hydrogen Fuel Cell ETFs

Now that the dust is settling, numerous subscribers have asked for an update on the hydrogen economy thesis. It’s about due considering our last update was back in May 2020 when we published