With an abundant amount of activity surrounding Linde plc (NASDAQ:LIN), an array of perspectives has been put forward. A recent flurry of trading in options trading has led to speculation around major stock moves. Despite underwhelming 2024 performance projections, many, including Cramer, maintain a bullish stance on Linde. Dividends were declared for Q4 2024 amidst a challenging economic climate due to sluggish progress in Asia and Europe. A selection of Wall Street analysts primarily earmark Linde for a 'Moderate Buy,' making it a favorable income stock. Linde's third quarter 2024 Earnings and Conference Call Schedule were recently announced.
However, concerns were voiced as Citigroup lowered expectations for Linde's Stock Price, despite the company being ranked among the best dividend stocks. Several asset management firms adjusted their positions, both buying and selling shares. Earnings results were mixed, and despite beating Q3 estimates, Linde's trimming of their outlook due to slower end markets raised eyebrows. A number of new shares have been purchased by Atom Investors LP, indicating continued market confidence. As it stands, Linde's valuation is seen by some as overpriced despite its perceived potential as a continuous disruptor and solid hydrogen and fuel cell stock.
Linde Stocks LIN News Analytics from Tue, 03 Oct 2023 07:00:00 GMT to Sat, 21 Dec 2024 09:31:33 GMT - Rating 7 - Innovation 3 - Information 9 - Rumor -3