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Enter Symbol:
 
Praxair, Inc. (PX) [hlAlert]

Rating:
Strong Buy
PX
down 9.59 %

Praxair, Inc. (PX) rated Strong Buy by Raymond James

Posted on: Friday,  Jun 14, 2013  8:25 AM ET by Raymond James

Raymond James rated Strong Buy Praxair, Inc. (NYSE: PX) on 06/14/2013, when the stock price was $116.36.
Since then, Praxair, Inc. has lost 9.60% as of 01/22/2016's recent price of $105.19.
If you would have followed this Raymond James's recommendation on PX, you would have lost 9.59% of your investment in 952 days.

Praxair, Inc. (Praxair) is an industrial gas supplier in North and South America. Praxair's primary products for its industrial gases business are atmospheric gases (oxygen, nitrogen, argon, rare gases) and process gases (carbon dioxide, helium, hydrogen, electronic gases, specialty gases, acetylene). The Company also designs, engineers, and builds equipment that produces industrial gases for internal use and external sale. Its surface technologies segment, operated through Praxair Surface Technologies, Inc., supplies wear-resistant and high-temperature corrosion-resistant metallic and ceramic coatings and powders. Praxair serves approximately 25 industries, such as healthcare and petroleum refining; computer-chip manufacturing and beverage carbonation; fiber-optics and steel making, and aerospace, chemicals and water treatment. In July 2009, Praxair's subsidiary, Praxair Surface Technologies, Inc., acquired Sermatech International Holdings Corp. from Arsenal Capital Partners.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/14/2013 8:25 AM Buy
None
116.36
as of 12/13/2013
1 Week down  -0.96 %
1 Month down  -0.23 %
3 Months up  3.13 %
1 YTD up  6.78 %

(*) Stock Price at the time of the recommendation.
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