Tariff Stocks: 20 Stocks to Benefit From Onshoring Boom

Page 15 of 20

6. Linde plc (NASDAQ:LIN)

Number of Hedge Fund Holders: 75

Linde plc (NASDAQ:LIN) ranks among the stocks to benefit from an onshoring boom. On July 22, Bernstein SocGen Group reaffirmed its $517 price target and Outperform rating for Linde plc (NASDAQ:LIN), citing the industrial gas company’s steady earnings performance.

According to the firm, Linde plc (NASDAQ:LIN) is expected to exceed earnings per share for the 26th straight quarter when it releases its second-quarter 2025 results. Given that Linde has produced 25 straight EPS beats to date, including six during what it called an “industrial recession,” Bernstein pointed out that the company’s business strategy appears resilient.

Linde plc (NASDAQ:LIN) is “a great business at a good price,” according to the firm, and its current value is comparable to long-term averages. However, the firm emphasized that the company remains largely an earnings growth story.

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.

Page 15 of 20