5 Hydrogen Fuel Cell Stocks to Buy Today

2. Linde plc (NYSE:LIN)

Number of Hedge Fund Holders: 46

Linde plc (NYSE:LIN) is a leading natural gas and engineering company from the UK, and one of its main business segments includes manufacturing and distributing atmospheric gases. Linde plc (NYSE:LIN) is working on hydrogen powered vehicles, which it expects will compete with electric vehicles. Linde plc (NYSE:LIN) has also invested in wind-powered facilities and plants that convert water to hydrogen. On November 26, Citi analyst P.J. Juvekar resumed coverage of Linde plc (NYSE:LIN) with a Buy rating and $381 price target.

Linde plc (NYSE:LIN) announced its earnings for the third quarter on October 28. EPS in the period totaled $2.73, beating estimates by $0.07. The Q3 revenue equaled $7.67 billion, outperforming estimated revenue by $140.09 million.  

Nicolai Tangen’s Ako Capital is the biggest Linde plc (NYSE:LIN) stakeholder from the third quarter, holding 3.8 million shares worth $1.12 billion. Overall, 46 funds in the Q3 database of Insider Monkey were bullish on Linde plc (NYSE:LIN), with total stakes worth $4.76 billion.