Radical New Battery Could Dismantle Oil Markets Top Stock Picker Reveals His Next 1,000% Winner Why Everyone Is Investing in 5G All WRONG The InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. ![]() ![]() On the date of publication, Louis Navellier has a long position in PLUG in this article. And its managing this windfall of capital wisely. The stock is up 575% in the past year, 469% year to date. Scaling that up could prove to be a very powerful skill. In warehouses, PLUG can power big forklifts and other equipment, and also provides power stations for filling the machines up. And it has a proven model of integration. PLUG specializes in converting battery-powered equipment to hydrogen-generated fuel sources. But we’re also in a much different place when it comes to our ability to adopt and commercialize new technologies when compared to two decades ago. We’ll see how things play out for hydrogen. Just a little bit later than proponents expected. During the dotcom run, fiber optics was a cutting edge technology that was going to transform society.Īnd it did. Hydrogen has become the investment equivalent of fiberoptic when it comes to the alternative energy boom. Image of a man driving a forklift in a warehouse. This is a good choice for long-term players in both the current and future transportation sector. Since CMI is a more indirect play on this sector than other stocks here, and given that it’s a far more established corporate player with a hefty $32 billion market cap, this stock won’t be scoring massive gains.īut it’s up 22% in the past 12 months and still delivers a steady 2.4% dividend. Last year CMI expanded its move in this direction with the acquisition of Canada-based Hydrogenics, a leading hydrogen fuel cell company. In fact, the company has been working in hydrogen development for two decades. CMI has begun developing electric and even hydrogen power systems. CMI has been around for 101 years and continues to build its reputation for reliable, quality engines that drive economies around the world.Īnd these days, CMI isn’t just about heavy-duty diesel engines. When you think of heavy-duty engines, Cummins is a name that comes to most people’s minds right away. If hydrogen has a big break, BLDP will be one of the key winners. ![]() The stock is up 174% in the past year, 120% coming year to date. This Canadian firm has been waiting for the hydrogen heyday for decades and it’s now in the spotlight, with strategic deals in Europe and China with auto manufacturers. You can’t create demand for hydrogen without supply, but you can’t create supply without demand.īLDP has been tactical in its approach to this quandary, and found markets that generate solid income so that it can reach for bigger markets while establishing its name. BLDP specializes in the building the motors and then sells them to other companies looking to put them in their products.Īgain, the challenge is managing a “chicken and egg” dilemma. If you can’t build a motor, the rest of the associated challenges are moot. This PEM has been the greatest challenge for the hydrogen industry. The fundamental technology that makes hydrogen power work is what’s called a proton exchange membrane (PEM), which utilizes hydrogen and oxygen in an electrochemical reaction. The wildfires in California have stoked interest but this uptrend is growing, not subsiding. Given the challenges presented by our aging grid and the need in more industries for “always on” systems, back-up and uninterruptible power are no longer options, but competitive necessities.ħ Augmented Reality Stocks To Buy Now For The FutureīE is up 221% in the past year, 83% year to date. Each unit delivers 200 to 300 kilowatts of power, and customers can add units as needed. What’s more, the entire system is scalable. These units can also store energy and distribute AC or DC power. These cutting-edge technologies can have such long runways.īE’s unique selling point is a fuel cell that allows its industrial-sized generators to run on natural gas, biogas or hydrogen without combustion. Source: Sundry Photography / Ī decade ago, BE was featured in a 2010 60 Minutes segment that asked if it was an “energy breakthrough,” though the company was founded nearly a decade before that. Bloom Energy logo at their headquarters in Silicon Valley
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