10 Best Hydrogen Stocks to Buy According to Billionaires

2. Linde plc (NASDAQ:LIN)

Number of Billionaires: 11

Linde plc (NASDAQ:LIN) is a global leader in industrial gases and engineering, designing and operating complex gas production systems including hydrogen, air separation, and natural gas processing plants. Its services span critical sectors such as energy, chemicals, and manufacturing.

In February 2025, Linde plc (NASDAQ:LIN) announced a fifth consecutive year of securing new small on-site nitrogen and oxygen supply projects. The company has signed 59 long-term agreements to build and operate 64 new plants.

Recently, the company has announced a partnership with O-I Glass Inc. to deploy its OPTIMELT Thermochemical Regenerator technology. This strategic move is aimed at reducing emissions and boosting efficiency.

Linde plc (NASDAQ:LIN) reported $33.01 billion in revenue for 2024, with Q4 net income rising 11.3% sequentially to $1.73 billion. The company also increased its dividend by 8% and continued its aggressive share buyback program, reflecting confidence in future cash flows.

Linde plc (NASDAQ:LIN) has climbed 7.8% over the past quarter. With 63% of analysts rating it a “Buy,” a median price target of $510 signals over 20% upside potential. Backed by nearly 88% institutional ownership, Linde remains a compelling, stable pick as one of the best hydrogen stocks to buy, according to billionaires and hedge fund owners.