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Linde stock slips despite an earnings beat — why we're maintaining our rating
Cash flow and guidance misses are pressuring shares.
14 words~1 min read
Cash flow and guidance misses are pressuring shares.
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Linde delivered in a difficult operating environment — which is exactly why you own the stock.

We're not making a call on the upcoming results, but we would like to have more wiggle room.

We're downgrading it back to our 2 rating, meaning we would wait for a pullback before considering adding more shares.

The shares are down about 7% in premarket trading.

The market punished the stock after a strong earnings report with an even strong guide.

We're also downgrading the stock in conjunction with the sale.