Business

Buy Linde stock. The industrial gas giant is pouring all its energy into hydrogen.


The thundering power of the Niagara River above the famous waterfall will soon power a plant three miles away as it pumps out clean energy in the form of hydrogen. It heralds an exciting future for a company hundreds of years old,

Linde

bets on low-carbon energy are increasingly likely to succeed.

Linde (code: LIN) is largest industrial gas company in the world, part of a monopoly of gas producers operating around the world. For large customers purchasing gases such as oxygen or nitrogen, Linde builds gas plants on site and signs 10- to 20-year contracts with integrated pricing scales. It’s a business model that has generated steady income growth.

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