Air Products just reported a bad quarter. Here's why Jim Cramer favors rival Linde instead
Publishing timestamp: 2023-11-07 11:11:23
Summary
The article discusses the drastically different quarterly performances of Air Products and Chemicals (APD) and Linde (LIN) in the industrial gas industry. Air Products and Chemicals (APD) reported weaker-than-expected earnings and revenue, leading to a drop in their stock price. In contrast, Linde (LIN) had upbeat results and saw an increase in their stock price. The article suggests that the industrial gas industry may no longer be a case of "secular growth" where all companies benefit, as Air Products is proving otherwise.
Sentiment: POSITIVE
Keywords: metals and minerals industry, earnings, markets, stock takes, air products and chemicals inc, linde plc, breaking news: markets, investingclubsample, jim cramer, investment strategy, business news,