Hydrogen stocks continue to hold significant potential for investors. It continues to have the potential to de-carbonize various sectors and for that reason hope surrounding hydrogen remains.

That said, significant hurdles remain. Hydrogen continues to be more expensive to produce than traditional fossil fuels. Cost is usually king and the costs associated with switching away from fossil fuels is high. In that regard, hydrogen and EVs face a similar issue. Infrastructure issues, transportation problems, and larger acceptance also plague hydrogen.

Overall, it’s clear that the hydrogen industry has work to do. However, it is that development which ultimately promises to create 10X opportunities within hydrogen stocks for growth.

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This article is organized with riskier opportunities discussed at the top and a highly stable opportunity discussed last. While the riskier opportunities promise to produce 10X gains faster, the stable investment promises a greater likelihood of 10X returns overall. Investing according to your individual risk profile is the best way to approach hydrogen and any other high growth stocks.

Bloom Energy (BE)

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Bloom Energy (NYSE:BE) stock is particularly interesting at the moment due to artificial intelligence.

The company manufacturers, sells, and installs on-site power generation systems in the U.S. and abroad. The Bloom Energy Server converts various fuels including hydrogen into electricity. Those power generation systems are in demand across various industries where large quantities of electricity are consumed. That means Bloom Energy has found end markets in agriculture, retail, higher education, hospitals, and perhaps most importantly, data centers.

One of the biggest opportunities in artificial intelligence is data center demand. Data centers are buying up massive quantities of AI chips and in the process of expanding operations have increased electricity consumption. Meanwhile, those same data centers have also promised to reduce their carbon footprints. That opens a palpable opportunity for Bloom Energy.

The overall result is that Bloom Energy looks stronger for that opportunity. The AI supply chain is likely to garner more interest moving forward and Bloom Energy is a name to consider therein.

Ballard Power (BLDP)

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Ballard Power (NASDAQ:BLDP) is the riskiest stock discussed on this list and that makes it particularly interesting for investors seeking 10X returns. Higher risk is correlated with higher potential returns. Ballard Power is certain to continue to be intriguing for that reason.