AIEQ0.620%
as of Oct 26
LIN
DefensiveLINDE PLC
Linde plc operates as an industrial gas company worldwide. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, electronic gases, specialty gases, and acetylene. The company also engages in designing and constructing of turnkey process plants for third-party customers, as well as for the gas businesses in various locations comprising air separation, hydrogen, synthesis, olefin, and natural gas plants.
Close · 3M
-2.43%
Held by 2 AI ETFs
PQUS0.190%
as of Oct 23
Signal performance
Each tracked ETF's moves on this stock, grouped by fund. Returns are measured from the signal date to the latest close — hypothetical, no commissions or slippage.
Buy signals6
Win rate80% (4/5)
Avg buy return+3.79%
AIEQ · Weight increase · 2d
weight 0.590% → 0.620% (+0.030 pp)·stock up 8.7% in the 30 days before
Oct 25·now $508.83
price n/a
AIEQ · Weight increase · 2d
weight 0.570% → 0.590% (+0.020 pp)·stock up 6.7% in the 30 days before
Oct 15·entry $493.22·now $508.83Drifting
+3.16%
since Oct 15
AIEQ · Weight increase · 2d
weight 0.380% → 0.400% (+0.020 pp)·stock down 3.9% in the 30 days before
Sep 24·entry $468.14·now $508.83Drifting
+8.69%
since Sep 24
AIEQ · Sudden change · 1d
weight 0.050% → 0.410% (+0.360 pp)·stock up 1.3% in the 30 days before
Sep 1·entry $486.76·now $508.83
+4.53%
since Sep 1
AIEQ · Weight decrease · 2d
weight 0.080% → 0.050% (-0.030 pp)·stock down 10.3% in the 30 days before
Aug 2·entry $480.46·now $508.83
+5.90%
since Aug 2
AIEQ · Weight decrease · 2d
weight 0.380% → 0.080% (-0.300 pp)·stock up 7.3% in the 30 days before
Jul 1·entry $533.55·now $508.83
-4.63%
since Jul 1
AIEQ · Weight decrease · 3d
weight 0.880% → 0.360% (-0.520 pp)·stock down 1.4% in the 30 days before
May 30·entry $497.41·now $508.83
+2.30%
since May 30
AIEQ · Weight decrease · 2d
weight 0.880% → 0.860% (-0.020 pp)·stock down 1.6% in the 30 days before
May 28·entry $501.98·now $508.83
+1.36%
since May 28
AIEQ · Weight increase · 2d
weight 0.850% → 0.880% (+0.030 pp)·stock up 2.8% in the 30 days before
May 14·entry $511.65·now $508.83Fresh
-0.55%
since May 14
AIEQ · Weight decrease · 2d
weight 0.880% → 0.850% (-0.030 pp)·stock down 2.0% in the 30 days before
May 8·entry $493.16·now $508.83
+3.18%
since May 8
PQUS · New entry · 1d
weight 0 → 0.090% (new)·stock down 6.8% in the 30 days before
Aug 7·entry $489.98·now $508.83Drifting
+3.85%
since Aug 7
Sell signals show what the stock did after the AI exited. A negative number means the AI's exit was well-timed.
Buffett-style framework
Fails the frameworkas of Oct 25
AIEQ has been accumulating, lifting its weight from 0.59% to 0.62% over late October, and QRFT and PQUS also hold smaller positions. That conflicts with a Buffett-style Fail verdict driven by valuation, since the framework likes the business but sees no discount to a conservative estimate of intrinsic value. The AIs appear to be backing quality and earnings stability, while the framework would wait for a lower price.
- Circle of CompetenceIndustrial gases run on long-term take-or-pay contracts, on-site supply and dense local distribution, so unit economics are stable and ten-year cash flows can be reasonably projected.
- Economic MoatScale-driven cost advantages, local density, long-duration contracts and high switching costs give the industry a durable moat in a concentrated oligopoly.
- ManagementFinancials alone cannot show candor, but the data provided does not show any capital allocation red flags, so this stage cannot be fully judged.
- Financial HealthAn ROE of 18.75% clears the 15% bar, revenue is growing 6.63% and the business generates consistently positive owner earnings, though the provided data does not cover the full ten-year ROE history or debt detail.
- Margin of SafetyA PER of 32, a PBR of 5.2 and EV/EBITDA near 52 price in near-perfect execution and leave no margin of safety for a steady, moderate-growth business.
Linde sits comfortably inside the circle of competence and has a real moat, with solid returns on equity. The sticking point is price, since paying over 32 times earnings for a steady compounder leaves no margin of safety. It is a wonderful company, but this framework would call it a Fail at today's valuation and would revisit it on a meaningful pullback.
Educational interpretation generated by AI applying frameworks Warren Buffett documented in his shareholder letters and other public writings. Not a statement by Mr. Buffett or Berkshire Hathaway, and not investment advice.