What are MM’s preferred hydrogen plays?
Hi MM Team, I like the thesis of hydrogen power for the future of green energy. Currently holding FMG (FFI), PRL and PH2, does MM have any preference within these or any other Hydrogen focus companies? Thanks
The Latest Q&A
Answer
Hi Mark,
Considering the comparatively new nature of this technology / industry we would be inclined to play the space via an ETF until clarity on the stock level reveals itself. One that we currently like is outlined below:
- ETFS Hydrogen ETF (HGEN) which looks to track the performance of the Solactive Global Hydrogen ESG Index, its 3 largest holdings at present are – Plug Power, Bloom Energy Corp and Ballard Power Systems Inc.
