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Getting Gas From Fed Decision

Tuesday, 18 Sep 2007 | 10:14 AM ET

It seems everyone and their mother has a Fed decision trade. An analyst at Citigroup recommends clients buy industrial gas stocks such as Praxair (PX), Air Products (APD) and PPG Industries (PPG).

Tomorrow's Headlines #3
The looming Fed decision isn't scarying regular investors away, with the Fast Money crew.

He explains that historically, these stocks tend to jump 23% in the 12 months after a Fed rate cut as investors get defensive and buy companies that supply crucial chemicals to industry.

Guy Adami says these companies service a broad range of industries including the automakers, the airlines and more. Then, he tells the panel that he feels the Citigroup recommendation makes sense.

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Trader disclosure: On Sept. 17, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Macke Owns (EMC); Najarian Owns (VMW); Najarian Is Short (ETFC); Najarian Owns (GS) Options: Finerman's Firm Owns (TXI), (WMT), (TGT), (COP); Finerman's Firm Owns S&P 500 Puts; Finerman's Firm Owns Russell 2000 Puts; GE Is The Parent Company Of CNBC

  Price   Change %Change
PPG
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APD
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PX
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