Do you think Hydrogen will ever become popular?
Do you think any of these company's would be worth investing in?
Thank you.
NEL ASA is a Norwegian company and we do not know it. It is quite small and should be considered higher risk. Thyssenkrupp is German but much bigger, and looks fine. It has a very large cash balance and good growth, though is expensive at 81X earnings. DYA is tiny at $45M market cap, and has had a rough year (down 54%). It has a tiny revenue base, losses and negative cash flow. We would not endorse it at this time. Hydrogen as a theme for investment has become more popular. Policy incentives and rising demand for low-carbon hydrogen in industries like steel, shipping, and mobility bolster its long-term potential, despite recent volatility. We think it has a future, though often investors mis-time how long it will take to see commercial acceptance.