https://www.fool.com/investing/2021/08/12/...stocks-id-buy-right-now/
"....For growth investors comfortable with a more speculative stock, Hyzon Motors, which debuted on the markets in late July after a SPAC merger, deserves a look. In developing fuel cells for buses and heavy-duty trucks, Hyzon bears some resemblance to another well-known fuel cell-focused company, Nikola ...
But lumping the two companies too closely together is a mistake. Unlike Nikola, which has no vehicles on the road, Hyzon has already demonstrated the ability to deliver vehicles to customers; its parent company, Horizon, has provided fuel-cell systems to power hundreds of buses and heavy-duty trucks....Investors who have followed companies that have gone public through SPAC deals know well the lofty projections that the companies have about future finances. Hyzon is no different. The company is guiding for revenue of $37 million in 2021, growing to $3.3 billion in 2025.
A hydrogen stock for all sorts of investors
Since my budget is tight at the moment, I won't be adding to my portfolio in the immediate future. When I have the chance, though, I'll be strongly considering Air Products, Brookfield Renewable, and Hyzon..... |
