2024-04-16 15:58:19 ET
Summary
- Air Products and Chemicals is a resilient company with consistent growth in the atmospheric and specialty gases industry.
- The company has a history of attractive earnings per share growth and is forecasted to continue growing at an average rate of 8.5% over the next three years.
- The recent decline in share price is attributed to uncertainties surrounding the company's hydrogen strategy, but it has made the stock more affordable with a discounted valuation and an above-average dividend yield.
Article Thesis
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Air Products And Chemicals: After Stock Decline, Is Hydrogen An Opportunity Or A Threat?