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Bank of America, Advanced Micro Devices, Linde, Comstock and Kingsway are included in this Analyst Blog.
I reiterate a ‘Buy' rating for Linde with a one-year target price of $520 per share, driven by double-digit EPS growth and effective cost management. Linde reported 3% growth in underlying revenue and 6% growth in adjusted operating profits, with strong pricing and productivity despite flattish volume growth. High-quality project backlog, including semiconductor manufacturing facilities and green energy initiatives, positions Linde for near-term business growth and profitability.
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper draw-downs than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer “excess” discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.
Keep an eye on hydrogen stocks to buy on the dip. For one, according to Energy Secretary Jennifer Granholm, as noted by E&E News , the “Treasury Department would come out with a final rule shortly referring to guidance for companies to obtain new hydrogen tax credits under the Inflation Reduction Act.
Plug Power (NASDAQ: PLUG ) is the first company to come to mind when discussing favorite hydrogen stocks. However, the story has not been delivered as expected.
The recent dividend hike reflects Linde's (LIN) strong commitment to returning capital to shareholders.
Hydrogen is a volatile gas. When mishandled, hydrogen is flammable and can lead to deadly explosions.
Navigating the intricacies of the stock market requires strategic foresight when selecting the best large-cap stocks to buy. This is the reality, especially when identifying opportunities with robust long term growth prospects.
The outlook for the global hydrogen economy is bullish not just for the decade but for the next few decades. I would not hesitate to conclude that there will be massive value creators among hydrogen stocks.
In the closing of the recent trading day, Linde (LIN) stood at $406.69, denoting a -0.39% change from the preceding trading day.