This Boring Stock Still Makes Sense in 2024

An old friend is back in the news at the moment, and it has prompted me to look again at a stock that I recommended a while ago. What I found was that, despite it being 35% or so higher than it was then, it still makes sense as a long-term investment, and for the same reasons. Back in October of 2022, I wrote a piece in these pages saying that if you wanted exposure to fuel cells, but without the kind of wild ride that came with investing in things like FCEL or PLUG, you should consider Linde PLC (LIN), an originally German industrial gas company…