Linde: Offsetting Potential Inflation With Contractual Pricing

Core Viewpoint - Linde plc is expected to benefit from the construction of new manufacturing facilities in the U.S., particularly due to the impact of TSMC's Phoenix facility, leading to a positive outlook for the company's business growth [1]. Company Analysis - Linde plc has been reiterated with a Buy rating, indicating confidence in its growth potential and market position [1]. - The company is positioned well in niche markets, which are anticipated to experience strong growth [1]. Investment Strategy - The investment approach focuses on fundamental, bottom-up analysis with a long-term perspective, emphasizing quality growth-oriented companies [1]. - A target of achieving a 15% annual return is set, with a diversified portfolio of 15-20 stocks to manage risk effectively [1].