FormerXBC Inc XEBEQ

3 Hydrogen Stocks Set to Become Major Multi-Baggers

[Pennyscalper99]

This article was published in May. I am sure that a bad situation will end soon. We just need to wait and see. Xebec Adsorption (TSX:XBC) is a good place to start as the company has been in the news lately. Among hydrogen stocks, its one of those that remains a mixed energy business to create different lines of revenue. This has included carbon-capture spaces, renewable natural gas, and more. Yet because of inflation and those other issues I mentioned, the company continues to work towards being profitable once more. This should take another few quarters, according to analysts. But investors shouldnt let those issues get in the way of recent wins. Xebec saw its backlog double quarter over quarter recently, and once it has its costs and supply chain issues under control, it should become a stellar long-term buy. For now, shares are down 81% in the last year, with a potential upside of 123% identified by analysts.