15 Set-It-and-Forget-It Stocks to Buy According to Analysts

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14. Linde plc (NASDAQ:LIN)

Analyst Upside: 9.20%

Number of Hedge Fund Holders: 91

Linde plc (NASDAQ:LIN) ranks among the best set-it-and-forget-it stocks to buy. On June 27, UBS maintained its $485 price target and Neutral rating on Linde plc (NASDAQ:LIN) following the industrial gas company’s recent investor event, which focused on its investments in low-carbon hydrogen, the use of artificial intelligence, and technology investments aimed at faster-growing markets like the food, electronics, and aerospace sectors.

Throughout the presentation, Linde plc (NASDAQ:LIN) management stressed safety and dependability procedures that boost productivity, according to UBS. A tour of the company’s Clear Lake facility also highlighted five years of operational lessons learned from operating an autothermal reformer, of which there are about 30 across the globe.

UBS emphasized that Linde plc (NASDAQ:LIN) is well-positioned for future project opportunities due to its network of gas production, pipelines, and storage throughout the US Gulf Coast, which includes the largest hydrogen cavern in the region.

Linde plc (NASDAQ:LIN) is a global engineering and industrial gases company that generates and delivers process gases, including carbon dioxide and hydrogen, as well as related equipment and technologies.

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