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Linde’s (LIN) Rocket Fuel Expertise Could Come To The Fore Post SpaceX IPO
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The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational. Linde plc (NASDAQ:LIN) is one of the 10 Best Stocks to Buy Before SpaceX IPO. Linde plc (NASDAQ:LIN) has a critical role to play in the provision of rocket fuel. It offers liquid oxygen and liquid nitrogen, which are both components of rocket fuel. While the company isn’t a disclosed supplier of SpaceX, its critical role in rocket fuel supply could make it a hot property among retail investors. The company’s price target was recently raised from $525 to $575 at Seaport Research. Before that, Patrick Cunningham of Citi also raised his price target from $545 to $580. The update came as the firm reviewed its coverage prior to Q1 earnings. Citi analysts believe Linde is best positioned to survive in the scenario of rising inflation as its earnings are relatively insulated from inflationary pressures. Since the company often signs long-term contracts in which costs are borne by the customer, who pays a fixed margin to Linde, it has no problem passing through inflationary impacts and protecting its profitability. The two recent upward price target revisions reflect this improving profitability in an otherwise tough economic environment. Pixabay/Public Domain Linde plc (NASDAQ:LIN) is an industrial gas company operating worldwide. The company provides atmospheric gases, such as nitrogen, oxygen, argon, and rare gases, as well as process gases, including helium, carbon monoxide, carbon dioxide, hydrogen, specialty gases, electronic gases, and acetylene. While we acknowledge the potential of LIN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. Disclosure: None. Follow Insider Monkey on Google News.
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