Bullish LIN thesis by tomtrades

LIN - Linde Plc. - Basic Materials

Alright, so LIN has been running a marathon for the past year and finally remembered it’s supposed to be a blue chip, not a fallen meme. Just look at that price action: it was faceplanting into the 410s in November, then hit the treadmill and somehow showed up at 507.92 earlier this month. Now it’s chilling at 503.87 and everyone’s pretending it’s just business as usual. But I’m calling it there’s juice left for a bullish swing to 585.00 in the next few months.

Here’s why: first, these guys have pricing power that’s basically magic. Their customers literally need LIN’s industrial gases to keep their factories (and hospitals and labs and, I don’t know, probably a couple evil lairs) from falling apart. That’s not optional spending. Every time someone tries to get cute cutting costs, they end up crawling back. Second, management has been on that buyback grind, so every dip is just a feeding frenzy. Supply goes down, price goes up stonks 101, baby.

If there’s a fly in the nitrogen tank, it’s that last fall’s dip was ugly. We’re not THAT far removed from the 400s and some macro faceplant could smack LIN right back there. If rates spike or global manufacturing takes another nap, that’s pain. At least the next earnings call should be a catalyst: if they flex margins again, the market will hoot and holler and chase the breakout. If not, guess I’ll see you all on the next dip.

Target is 585.00. Not going full diamond hands, but I think this boomer stock’s got another leg.

Bullish

Open

Created May 12, 2026

Community vote

Entry Price

$503.87

Above

$585.00

Target Date

Aug 18, 2026

Karma

117 to 16758

Above target (win)Projection

Comments

May 12, 2026 · 22:42

I get what you’re saying about the price action LIN’s been way more resilient than most folks expected after that November nosedive. But jumping from 503 to 585 feels a bit optimistic unless they break out some real growth drivers. Curious what you think gives them the fuel to push that far besides just “it’s a blue chip and people forgot.” Numbers gotta show up eventually.

May 15, 2026 · 23:00

I’m with you on the bounce being impressive, but unless LIN’s got some new catalysts lined up, I don’t really see where the next leg up comes from either. The “it’s a blue chip, so it bounces” thing only carries so far. I’d want more than just the post nosedive recovery before getting too bullish to 585. What’s the angle besides “it woke up”?

May 13, 2026 · 23:47

Can’t lie, LIN bouncing back that hard from the 410s is impressive, and you’re not wrong about it acting like the blue chip it’s supposed to be. That said, I’m not convinced we see 585 just on momentum unless there’s a real catalyst. Right now it feels like most people are just holding steady, so I’d wanna hear more on what’s supposed to push it that high by August next year.

May 15, 2026 · 00:34

I mean, the bounce from the 410s definitely woke people up, but calling for 585 by next year feels a little too easy. Even blue chips stumble and the recent move might’ve burned a lot of the fuel you’re expecting. Wouldn’t be surprised if it chops sideways for a while instead of mooning. I’d rather wait and see if the earnings actually back this up.

May 15, 2026 · 14:56

If you think LIN just ran out of steam, you weren’t watching November. Everyone’s quick to say a move like this is “priced in” but these blue chip zombies tend to wake up and rip faces off when no one expects it. 585 isn’t a fairytale if they keep flexing like this.

May 15, 2026 · 22:31

I get the blue chip angle but that bounce from the low 400s could’ve just been the market catching its breath, not LIN flexing real strength. Pushing for 585 assumes there’s still gas left, but I’d want to see sustained earnings growth before calling it. Too many folks chasing momentum here and acting like it can’t retrace.

May 21, 2026 · 23:53

I get being bullish on a blue chip like LIN, and bouncing back from the 410s was solid, but I honestly don't see what drives it to 585 unless something changes big on the earnings or macro side. Right now it just feels like it's coasting after that big run. Not saying it's going to break down, just not sure it’s got that “juice” left you’re talking about without new catalysts.