Investors interested in
growth stocks will appreciate Linde.
Share price consistently surpasses the
200 Day Moving Average, although there was a recent minimal decrease, of -0.2%. Despite a general lag in basic materials stocks, Linde has been outpacing the stock market. Its considerable purchases by
Baader Bank and
Fisher Asset Management, alongside insider sells by CEO
Sanjiv Lamba further stimulate interest. A recent price target cut to $452.00 suggests a
revaluation. The Q2 2024
Earnings Per Share (EPS) is expected to lower, and there's a declined investor sentiment about Linde, although others argue for strong long-term momentum. A
quarterly dividend hike ensued, despite stock price slides. Analysts reckon Linde a good investment, while
Citigroup downgraded the stock post a strong run-up. Broader forecasts suggest strong
Earnings Per Share (EPS) growth into FY24. Linde's Q4 earnings beat estimates due to higher prices, but a week later the price fell 7.3%. Future plays are predicted in the
hydrogen stock market, with Linde among the top analysts' picks. The company shows strong defensive qualities and consistent EPS growth. It is further favored for its poised success in the clean energy sector.
Linde Stocks LIN News Analytics from Wed, 09 Aug 2023 07:00:00 GMT to Sat, 18 May 2024 06:43:43 GMT -
