With a market cap of $62.1 billion, Air Products and Chemicals, Inc. (APD) is a global leader in providing industrial gases, process and specialty gases, and related equipment and services. Its operations span industrial gases for multiple industries and the design and manufacture of equipment for air separation, natural gas liquefaction, and cryogenic storage.
Shares of the Allentown, Pennsylvania-based company have underperformed the broader market over the past 52 weeks. APD has risen 8.5% over this time frame, while the broader S&P 500 Index ($SPX) has gained 12.5%. In addition, APD stock has dipped 3.8% on a YTD basis, compared to SPX's 1.3% gain.
