Overview
- In its Q4 2025 investor letter, YCG highlighted Linde plc as a core holding within its quality-focused portfolio.
- YCG described Linde as the largest industrial gas company globally with operations in more than 80 countries.
- The firm argued that gases such as oxygen, nitrogen, argon, hydrogen, helium, and carbon dioxide support durable revenues because they are essential to healthcare, clean energy, and semiconductor production.
- Yahoo Finance reported that Linde closed at $484.74 on March 6, 2026, with a one-month gain of 6.22%, a 52-week increase of 4.91%, and a market capitalization of about $224.6 billion.
- YCG said current markets favor speculative, AI-driven momentum, while it remains patient and practices opportunistic rebalancing toward high-quality businesses.