12 Best Global Stocks to Buy According to Hedge Funds

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6. Linde plc (NASDAQ:LIN)

Number of Hedge Fund Holders: 70   

Linde plc (NASDAQ:LIN) is an industrial gas and engineering company. For the fiscal year 2024, sales totaled $33 billion, remaining flat compared to 2023; however, underlying sales grew 2% due to price increases and steady volumes. Operating profit reached $8.6 billion, while adjusted operating profit totaled $9.7 billion, reflecting a 7% increase compared to the previous year. The operating profit margin stood at 26.2%, and the adjusted operating profit margin was 29.5%, an improvement of 190 basis points compared to the previous year. In February, the company announced that it secured a record number of new small on-site projects for the supply of nitrogen and oxygen for the fifth successive year. During 2024, the company signed 59 new long-term agreements for which it will build, own and operate 64 plants at customer sites.

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