Nicolai Tangen’s AKO Capital Is Investing In These 5 Stocks

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1. Linde plc (NYSE:LIN)

AKO Capital’s Stake Value: $1.12 billion
Percentage of AKO Capital’s 13F Portfolio: 11.63%
Number of Hedge Fund Holders: 55

Linde plc (NYSE:LIN) is an Ireland-based global multinational chemicals company that engages in the provision and distribution of Industrial gas, operating as one of the world’s leading suppliers of hydrogen fuel cell infrastructure.

Latest data shows that AKO Capital owned 3.8 million shares in the company at the end of the third quarter of 2021, worth $1.12 billion and representing 11.63% of the fund’s investment portfolio. Of the 873 elite funds tracked by Insider Monkey, 55 were long Linde plc (NYSE:LIN) at the end of June, up from 43 in the first quarter of 2021. John Armitage of Egerton Capital Limited is among the leading stakeholders of the company.

On October 29, Deutsche Bank analyst David Begleiter raised the price target on Linde plc (NYSE:LIN) to $360 from $350, and kept a Buy rating on the shares of the company following the Q3 earnings beat.

You can also take a look at 10 Best Undervalued Dividend Stocks to Buy Now and 10 Stocks that Released Solid Quarterly Earnings

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