Jim Cramer's Surprising Pick: Why Linde is Preferred Over Air Products After Bad Quarter
CNBC's Jim Cramer favors rival Linde over Air Products and Chemicals after the latter reported weaker-than-expected earnings and revenue for its fourth quarter of fiscal 2023. Cramer highlighted Air Product's weak forward guidance compared to Linde's overall upbeat results last month, indicating that the industrial gas industry may be a "winner takes all game." Linde had posted strong adjusted earnings-per-share growth and a lift to its profit guidance, resulting in stock gains. Cramer's Charitable Trust holds a stake in Linde but not in Air Products.