RBC Capital Initiates with an Outperform on Linde plc (LIN)
Linde plc (NASDAQ:LIN) is among the 13 Best Hydrogen and Fuel Cell Stocks to Buy According to Analysts. Arun Viswanathan, an analyst at RBC Capital, has started following Linde plc (NASDAQ:LIN) with a $576 price target and an Outperform rating.
A scientist in a lab coat inspecting a cylinder filled with industrial gas.
The company stresses Linde plc (NASDAQ:LIN)'s noteworthy pricing power due to its 'sticky' client base, 'robust' earnings-accretive project backlog, and steady earnings stability, all of which support the stock's potential for multiple expansion.
According to RBC, Linde plc (NASDAQ:LIN) has the potential to maintain double-digit profit growth, supported by its strategic capital investments and dependable customer relationships. It is anticipated that the business will generate $7 billion in capital returns annually and generate strong returns on its growing capital expenditures.
Its earnings resiliency provides defensive appeal, and its project pipeline improves visibility into future earnings. The combination of Linde plc (NASDAQ:LIN)'s steady cash flows and careful capital deployment attracts long-term investors. The move shows faith in the business's capacity to create value for shareholders through expansion plans and substantial capital gains.
Linde plc (NASDAQ:LIN) is a leading global industrial gas firm that supplies oxygen, nitrogen, helium, and hydrogen. Furthermore, the business specializes in the design and construction of process plants for the industrial, electronics, chemical, and healthcare industries.
While we acknowledge the potential of LIN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 10 High-Growth EV Stocks to Invest In and 13 Best Car Stocks to Buy in 2025.
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