economy

This industrial play has been a quiet winner in 2026. Why the stock has more room to go

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

This industrial play has been a quiet winner in 2026. Why the stock has more room to go

TL;DR

  • The S&P 500 and Nasdaq are facing challenges, attempting to break two-day losing streaks.
  • Falling oil prices are easing inflation concerns and leading to lower Treasury yields.
  • Travel, leisure, and housing-related stocks are performing well, while technology stocks are generally lower.
  • Linde's shares are up significantly after Citi analysts raised their price target and initiated a positive short-term view.
  • Micron's earnings report after the market close is highly anticipated, with expectations for strong performance.
  • Upcoming economic data includes the PCE price index, GDP, jobless claims, and durable goods orders.