April 9, 2021
James Lim, Senior Research Analyst at Dalton, was recently quoted in Barron’s regarding Hyundai Motor and SK Holding’s multi-billion dollar investment into hydrogen power. Lim discussed that SK and Hyundai, with their diverse and modestly valued legacy businesses, offer a chance to nibble at hydrogen exposure without biting on volatile U.S.-listed pure plays. “With SK valued at one times book, the hydrogen is basically an option play,” he says. “You’re getting it for free.”
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