With a market cap of $62.9 billion, Air Products and Chemicals, Inc. (APD) is a leading global provider of industrial gases, equipment, and related services. The company produces atmospheric gases such as oxygen, nitrogen, and argon, as well as process and specialty gases including hydrogen, helium, carbon dioxide, and syngas for a wide range of industries.
Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and Air Products and Chemicals fits this criterion perfectly. In addition, it designs and manufactures advanced cryogenic and gas-processing equipment used in air separation, natural gas liquefaction, and hydrocarbon recovery.
