Linde (LIN) Draws Valuation Attention, Is The Premium Already Too Rich?

Linde (LIN) is back in focus after Zacks highlighted the stock’s year to date outperformance versus the Chemical Specialty industry, pointing to its contract-heavy model and growing electronics exposure. Linde’s recent share price has slipped, with a 30-day share price return down 4.65% and a 90-day share price return down 9.85%. However, the year-to-date share price return of 8.34% and 3-year total shareholder return of 30.15% indicate momentum that has cooled rather than reversed. Scan...