5 Hydrogen Fuel Cell Stocks to Buy Today

3. Air Products and Chemicals, Inc. (NYSE:APD)

Number of Hedge Fund Holders: 32

Another top hydrogen fuel cell stock is Air Products and Chemicals, Inc. (NYSE:APD), which is a company offering liquid hydrogen, hydrogen fuel cells, and compressed hydrogen gas around the world via its vast network of pipelines, hydrogen manufacturing plants, and transfill facilities. Air Products and Chemicals, Inc. (NYSE:APD) serves multiple clients from the aerospace, automotive, biotech, bioenergy, and metals and materials processing industries, among others. 

On November 5, Deutsche Bank analyst David Begleiter raised the price target on Air Products and Chemicals, Inc. (NYSE:APD) to $340 from $315 and kept a Buy rating on the shares.

Air Products and Chemicals, Inc. (NYSE:APD), on November 4, announced its Q3 results. EPS in the quarter equaled $2.51, beating estimates by $0.02. The Q3 revenue came in at $2.84 billion, gaining 22.46% as compared to the preceding year quarter, outperforming estimates by $170.77 million. 

At the end of the third quarter of 2021, 32 hedge funds from the database of elite funds tracked by Insider Monkey reported owning stakes in Air Products and Chemicals, Inc. (NYSE:APD), valued at $528.7 million. Adage Capital Management is the leading stakeholder of Air Products and Chemicals, Inc. (NYSE:APD), holding 351,940 shares worth $90.1 million.