With a market cap of $64.5 billion, Air Products and Chemicals, Inc. (APD) is a global supplier of atmospheric, process, and specialty gases, serving industries such as manufacturing, energy, healthcare, chemicals, and metals across the Americas, Asia, Europe, the Middle East, and India. It also designs and manufactures advanced equipment for gas processing, liquefaction, storage, and transportation solutions.
Shares of the Allentown, Pennsylvania-based company have underperformed the broader market over the past 52 weeks. APD stock has risen 7.5% over this time frame, while the broader S&P 500 Index ($SPX) has gained 27.9%. However, the stock has returned 17.2% on a YTD basis, outpacing SPX's 9.2% return.
