2024-02-06 16:56:32 ET
Summary
- Air Products and Chemicals, Inc. stock has dropped by double-digits after its fiscal Q1 2024 earnings release, making it more undervalued.
- The company revised its full-year guidance for adjusted earnings per share, but still has a bright outlook for long-term investors.
- Despite short-term challenges, Air Products and Chemicals remains optimistic about its future prospects and is focused on growth areas like hydrogen.
Introduction
The other day, I participated in a Twitter Space (a live podcast), where I discussed global economic developments and my investment style.
One of the things I mentioned is that my style of buying undervalued long-term investments isn't always fun, as it sometimes means waiting until the market recognizes the value a stock brings to the table....
Read the full article on Seeking Alpha
For further details see:
Opportunity Knocks: Why The Air Products and Chemicals Stock Implosion May Be A Gift