This Stock Is Up 186% Since 2018, and Most Investors Have Still Never Heard of It
Successful investing requires many things. From patience to discipline to resolve, those who win at investing often hone a variety of qualities. Absent from this list, however, is an interest in riding the bandwagon. Investors need not pack their portfolios with popular stocks to generate outsized returns. Take (NASDAQ: LIN), for example, a leader in the production of industrial gases that flies under most investors' radars.
Although most investors don't recognize its name, Linde stock has outperformed the S 500 index considerably over the past five years. Soaring more than 186%, Linde stock has generated a total return that more than doubles the 90% total return of the S 500. And there's no reason to think that its best days are behind it -- especially with a backlog that exceeds $8 billion.
Not every market leader will turn out to be a successful investment, but finding stalwart businesses that hold dominant positions in their industries is a great place to start -- such is the case with Linde, which has extensive global operations and is the largest industrial gases stock by market capitalization. Building a robust infrastructure of broad industrial gas production and distribution is no simple feat. Consequently, the company is not likely to find new companies pressuring to compete with it.
Source Fool.com
Linde plc Stock
With 6 Buy predictions and not the single Sell prediction the community is currently very high on Linde plc.
As a result the target price of 418 € shows a positive potential of 27.25% compared to the current price of 328.5 € for Linde plc.
