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Air Products and Chemicals stock hits 52-week high at $301.34
Air Products and Chemicals (APD) stock reached a new 52-week high of $301.34, with current trading around $299.93, reflecting a 21.77% year-to-date return. Despite its strong performance and a 2.44% dividend yield maintained for 56 years, InvestingPro analysis indicates the stock may be overvalued. Analysts have upgraded their ratings and increased price targets for the industrial gases company, citing improved capital allocation and stable earnings growth.