Linde is clearly the most interesting and therefore also in the portfolio. The locational advantage alone is enormous. Linde is based in Ireland, a low-tax country, but is listed on NASDAQ, probably the most important stock exchange. Air Liquide, on the other hand, comes from France, which is now just as run down as Linde's old home country Germany. And Nippon Sanso there was also something with the yen - that's not exactly good for export-oriented companies.
So apart from Linde, only APD comes into question at the moment, although I think Linde is ahead.
So apart from Linde, only APD comes into question at the moment, although I think Linde is ahead.
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@Soprano France has little to do with Air liquide. They generate slightly more sales in America than in Europe and the domicile is only important for tax purposes. Linde is the best choice for one stock and I myself think the mix of Linde and Air li is the best. But if you want to cover the industry better, you are probably better off with air li and air pro. Air pro is not doing well at all, so it's also a risky thing. Sanso is completely uninteresting. Although everything is growing due to the cheapest yen, in the end I get my dividend paid out in euros/dollars and collect hard dilutions. I take a rather critical view of the people who price them so high due to the rise in the exchange rate. Everyone should be treated in one currency, especially because the yen will not recover
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