Current Price: ~ $108/share
Projected Yield: ~ 1.85%
Praxair is the largest industrial gas supplier in North America and South America. It has a growing presence in Asia and a well-established presence in Europe. Its three main distribution businesses--on-site, merchant liquid, and packaged or cylinder gases--represent 25%, 30%, and 29% of total sales, respectively. Praxair serves a variety of diverse industries, including health care, petroleum refining, aerospace, and chemicals, and generates about $10 billion in annual sales.