Air Products and Chemicals (APD) Upgrade to Zacks Rank #2 (Buy)

Air Products and Chemicals (APD) has been upgraded to a Zacks Rank #2 (Buy) due to a positive trend in earnings estimates, reflecting the company's improving business outlook. Institutional investors use earnings estimates to determine fair value, leading to increased buying pressure and higher stock prices. The Zacks Rank stock-rating system effectively harnesses the power of earnings estimate revisions to classify stocks into five groups, with #1 Rank (Strong Buy) stocks generating an average annual return of +25% since 1988.