Fuel Cell Investors Shouldn't Get Too Caught Up in the Hydrogen Economy Just Yet
Driverless cars, 3D printers, algae-based biofuels: In the last decade, each of these technologies received billions in investment from some of the world's largest and most successful companies and investment firms. They were covered in thousands of articles in digital publications. They starred in research reports released by top Wall Street analysts and investment banks.
But just a few short years later, it's obvious none of these technologies has lived up to the hype. Autonomous cars are still a decade or more away from widespread use, 3D printers don't quite fit into daily life or manufacturing processes as easily as pitched, and most algae-based transportation fuel projects have been sent to the dustbin of history.
Technological hype is generated in a complex process that feeds on unique elements of human behavior and information distribution. Unfortunately, it usually ends in a predictable outcome for individual investors: regret. It's something investors with an open mind want to consider regarding fuel cell stocks and the proposed hydrogen economy. An honest assessment of the competitive landscape and simple thermodynamics suggests it might not play out as investors currently hope for these presumed growth stocks.
Source Fool.com