
With a market cap of around $214 billion, Linde plc (LIN) operates as an industrial gas company around the globe. Based in Woking, the United Kingdom, the company supplies atmospheric and process gases and also builds process plants, serving industries such as healthcare, energy, manufacturing, and electronics.
Shares of LIN have lagged behind the broader market over the past 52 weeks. LIN has risen 4.6% over this period, while the broader S&P 500 Index ($SPX) has gained 11.9%. However, shares of LIN are up 8.5% on a YTD basis, outpacing SPX’s marginal dip during the same time frame.