Jim Cramer Expresses Gratitude to SpaceX for Pushing Charitable Trust Holding Linde Higher

Linde plc (NASDAQ:LIN) was among the stocks Jim Cramer highlighted during Mad Money, as he noted the rotation into defensive sectors. Cramer highlighted it as a Charitable Trust holding, as he commented:

You have to go down the list to find a stock that we own for the Charitable Trust, and I found one. It’s called Linde, and even that only made a new intraday high because it gave up its gains in the afternoon. This is an industrial gas distributor, has performed nicely. Why? Okay, because it makes rocket fuel for SpaceX. Thank you, SpaceX, for everything.

A stock market data. Photo by AlphaTradeZone on Pexels

Linde plc (NASDAQ:LIN) is an industrial gas company that supplies atmospheric and process gases, including oxygen, nitrogen, hydrogen, and specialty gases. Impax Asset Management stated the following regarding Linde plc (NASDAQ:LIN) in its Q1 2026 investor letter:

Linde plc (NASDAQ:LIN) (Industrial Energy Efficiency, US) moved higher as the market rewarded the company’s defensive business profile during a volatile, risk-off quarter. Strong quarterly results and optimism around the company’s exposure to space end markets also provided a tailwind for stock performance.

While we acknowledge the risk and potential of LIN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than LIN and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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