Topic: How To Invest

Q: Hello. I would be interested in your thoughts on Linde plc. Thanks.

Article Excerpt

A: Linde plc, $481.26, symbol LIN on Nasdaq (Shares outstanding: 477.5 million; Market cap: $229.5 billion; www.linde.com), is the largest industrial gas company in the world. Linde was created by the merger of Praxair Inc. and Linde AG in 2018. Formed under the laws of Ireland, it has principal offices in the U.K. and the U.S. The company’s primary products are atmospheric and process gases. Atmospheric gases include oxygen, nitrogen, argon, and rare gases. Process gases include carbon dioxide, helium, hydrogen, electronic gases, specialty gases and acetylene. Linde also designs, engineers, and builds equipment that produces industrial gases. The company offers its customers a wide range of gas production and processing services. They include olefin plants, natural gas plants, air separation plants, hydrogen and synthesis gas plants and other types of plants. Linde manages its operations on a geographical basis. In 2023, the company generated 89.5% of sales from three geographic segments. The Americas segment, which includes the U.S., Brazil, Mexico and Canada, made up…