Wondering if Linde at around US$459.81 is still a fair deal or starting to look stretched, especially after such a long run in the market?
The stock has posted returns of 1.1% over the last 7 days, 5.2% over the past month, 7.2% year to date and 1.2% over the last year, while the 3 year and 5 year returns stand at 43.8% and 94.7% respectively.
These figures have kept Linde on many investors’ watchlists as a large established player in industrial gases and related services. That ongoing attention forms an important backdrop for assessing whether the recent share price level still lines up with its fundamentals.
Right now, Linde scores 1 out of 6 on our valuation checks, as shown by its valuation score. Next, we will look at how…
