LIN Stock Recent News
LIN LATEST HEADLINES
Keep an eye on hydrogen stocks to buy on the dip. For one, according to Energy Secretary Jennifer Granholm, as noted by E&E News , the “Treasury Department would come out with a final rule shortly referring to guidance for companies to obtain new hydrogen tax credits under the Inflation Reduction Act.
Plug Power (NASDAQ: PLUG ) is the first company to come to mind when discussing favorite hydrogen stocks. However, the story has not been delivered as expected.
The recent dividend hike reflects Linde's (LIN) strong commitment to returning capital to shareholders.
Hydrogen is a volatile gas. When mishandled, hydrogen is flammable and can lead to deadly explosions.
Navigating the intricacies of the stock market requires strategic foresight when selecting the best large-cap stocks to buy. This is the reality, especially when identifying opportunities with robust long term growth prospects.
The outlook for the global hydrogen economy is bullish not just for the decade but for the next few decades. I would not hesitate to conclude that there will be massive value creators among hydrogen stocks.
In the closing of the recent trading day, Linde (LIN) stood at $406.69, denoting a -0.39% change from the preceding trading day.
Investing in renewable energy stocks presents an opportunity for environmentally conscious investors seeking outsized returns. Companies operating in the solar, wind, and hydrogen sectors are seeing rapid growth as the global economy transitions to cleaner energy sources.
In recent days, many top hydrogen stocks have tumbled due to the leak of the conditions that the Biden administration is thinking of forcing firms to meet in order to receive the hydrogen tax credit. According to the leaked draft from the Treasury Department, for hydrogen producers to qualify for the credit, they would have to create their fuel using renewable energy projects launched within the previous three years, Bloomberg reported.
Plug Power has been a cash-burning machine, while these two industrial gas giants are cash cows.