Linde Stock On Fire: Up 8.8% With 6-Day Winning Streak
Linde (LIN) stock hit day 6 of a continuous streak of days with gains, with cumulative gains over this period amounting to a 8.8% return. The company has gained about $18 Bil in value over the last 6 days, with its current market capitalization at about $224 Bil. The stock remains 2.5% above its value at the end of 2024. This compares with year-to-date returns of 15.6% for the S&P 500.
Linde’s recent streak was fueled by bullish analyst endorsements and a robust $10 billion clean energy project backlog. CEO Lamba’s $1M stock purchase underscored confidence, bolstering views of strong 8-12% EPS growth, enhanced by AI productivity across operations.
What is the point? Momentum often precedes conviction. A multi-day win streak can signal growing investor confidence or spark follow-on buying. Tracking such trends can help you ride the strength, or prepare for a well-timed entry if momentum fades. Our take: There are only a couple of things to fear in LIN stock given its overall Moderate operating performance and financial condition. But keeping in mind its Very High valuation, we think that the stock is Unattractive (see Buy or Sell LIN).
For quick background, LIN provides industrial and process gases, including oxygen, nitrogen, helium, and specialty gases, serving diverse global markets across multiple continents.
Comparing LIN Stock Returns With The S&P 500
The following table summarizes the return for LIN stock vs. the S&P 500 index over different periods, including the current streak:
| Return Period | LIN | S&P 500 |
|---|---|---|
| 1D | 1.6% | -0.2% |
| 6D (Current Streak) | 8.8% | -0.7% |
| 1M (21D) | 0.4% | 1.0% |
| 3M (63D) | -11.4% | 3.0% |
| YTD 2025 | 2.5% | 15.6% |
| 2024 | 3.2% | 23.3% |
| 2023 | 27.7% | 24.2% |
| 2022 | -4.4% | -19.4% |
Gains and Losses Streaks: S&P 500 Constituents
There are currently 24 S&P constituents with 3 days or more of consecutive gains and 91 constituents with 3 days or more of consecutive losses.
| Consecutive Days | # of Gainers | # of Losers |
|---|---|---|
| 3D | 6 | 66 |
| 4D | 3 | 19 |
| 5D | 5 | 2 |
| 6D | 6 | 2 |
| 7D or more | 4 | 2 |
| Total >=3 D | 24 | 91 |
Key Financials for Linde (LIN)
Last 2 Fiscal Years:
| Metric | FY2023 | FY2024 |
|---|---|---|
| Revenues | $32.9 Bil | $33.0 Bil |
| Operating Income | $8.1 Bil | $8.6 Bil |
| Net Income | $6.2 Bil | $6.6 Bil |
Last 2 Fiscal Quarters:
| Metric | 2025 FQ1 | 2025 FQ2 |
|---|---|---|
| Revenues | $8.1 Bil | $8.5 Bil |
| Operating Income | $2.2 Bil | $2.3 Bil |
| Net Income | $1.7 Bil | $1.8 Bil |
While LIN stock looks attractive given its winning streak, investing in a single stock without detailed, thorough analysis can be risky. The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 — the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.