Tuesday, July 10, 2007

Praxair, Inc.

Praxair, Inc. is among the world’s largest Industrial Gases sector businesses in the world. Praxair, Inc.’s employees generate $1.028B in profits on $8.473B of revenue. Global output in the Industrial Gases business will likely rise substantially over the next 10 years. Long-term economic growth may lift all boats, but Praxair, Inc. is determined to remain a market leader. Sectoral leadership in the Industrial Gases segment takes dedication and consistency, but management seeks out-sized growth.

Praxair, Inc.’s ticker symbol PX has recently been trading near $73.02 a share. The Praxair, Inc. corporate headquarters in Danbury CT predicts Industrial Gases profits will satisfy shareholders in search of risk-appropriate returns.

The significance of market volume is sometimes ignored, but with a total market capitalization of $23.272B ensures sufficient liquidity. With a beta of 0.76, the company is less volatile than the market as a whole. When the average equity moves lower, Praxair, Inc. moves less aggressively.

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