2. As of noon trading, Praxair ( PX) is down $1.27 (-1.2%) to $108.43 on average volume Thus far, 932,556 shares of Praxair exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $107.79-$109.40 after having opened the day at $109.37 as compared to the previous trading day's close of $109.70.

Praxair, Inc. engages in the production, distribution, and sale atmospheric and process gases, as well as surface coatings in North America, Europe, South America, and Asia. Praxair has a market cap of $32.2 billion and is part of the chemicals industry. The company has a P/E ratio of 19.3, above the S&P 500 P/E ratio of 17.7. Shares are up 2.6% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Praxair a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Praxair as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, notable return on equity, expanding profit margins, growth in earnings per share and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Praxair Ratings Report now.

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