Linde plc (NASDAQ:LIN) continues to pique the interest of both institutional and retail investors, evidenced by positions held and recent acquisitions by Gateway Investment Advisers LLC, BDF Gestion, CX Institutional, First Hawaiian Bank, and Linden Thomas Advisory Services LLC, among others. Individual investors are also giving LIN attention, despite the stock's apparent underperformance relative to the Basic Material Sector. Several market analysts remain bullish on Linde, even amid shifts in stock positions by various entities. The company's fundamentals seem sound, with Barclays, Bank of America and BMO Capital Markets raising price targets. Linde continues to deliver solid quarterly earnings, exceeding estimates, and it has declared dividends. Discussions around Linde as a choice hydrogen stock persist due to its potential to offer substantial wealth growth as the industry molds the future of clean energy. Some doubts, however, are creeping in, with a Citi downgrade citing LIN's strong run-up, and an observation of its 'bloated' valuation. Regardless, Linde keeps steering the wheel, announcing earnings guidance for FY24 and Q3-24 and remaining a trusted consideration among hedge funds.
Linde Stocks LIN News Analytics from Thu, 23 Nov 2023 08:00:00 GMT to Sun, 11 Aug 2024 15:34:26 GMT -
Rating 7
- Innovation -2
- Information 8
- Rumor -4
