2. As of noon trading, Praxair ( PX) is up $1.25 (1.07) to $117.94 on average volume Thus far, 772,740 shares of Praxair exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $115.74-$118.31 after having opened the day at $116.82 as compared to the previous trading day's close of $116.69. Praxair, Inc. engages in the production, distribution, and sale of atmospheric and process gases, and surface coatings in North America, Europe, South America, and Asia. Praxair has a market cap of $34.0 billion and is part of the basic materials sector. The company has a P/E ratio of 20.8, above the S&P 500 P/E ratio of 17.7. Shares are up 6.6% year to date as of the close of trading on Thursday. 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 revenue growth, good cash flow from operations, expanding profit margins, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Praxair Ratings Report now. 3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
Global growth and lower costs position this manufacturer and supplier of fabricated building products, petrochemicals and polymers for steady double-digit capital appreciation in a perilous investment climate.