Air Products And Chemicals: Shares Can Rise As It Executes On Its Backlog
APDAir Products and Chemicals(APD) seekingalpha.com·2024-05-19 20:04

Bjoern Wylezich Shares of Air Products and Chemicals (NYSE:APD) have been a disappointing performer over the past year, over concerns about the capital intensity of its growth projects, alongside mixed results, though we did see an improvement in operating performance last quarter. I last covered Air Products in November, rating shares a buy, and unfortunately since that recommendation, APD has missed out on the market’s 21% rally, rising just 3%. This company has turned into a “show me” story given large p ...