Xerox Corporation (XRX): Today's Featured Consumer Durables Winner

Xerox Corporation was a winner within the consumer durables industry, rising $0.13 (1.3%) to $9.82 on average volume
By TheStreet Wire ,

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Xerox Corporation

(

XRX

) pushed the Consumer Durables industry higher today making it today's featured consumer durables winner. The industry as a whole closed the day down 0.3%. By the end of trading, Xerox Corporation rose $0.13 (1.3%) to $9.82 on average volume. Throughout the day, 10,941,043 shares of Xerox Corporation exchanged hands as compared to its average daily volume of 8,580,200 shares. The stock ranged in a price between $9.70-$9.84 after having opened the day at $9.72 as compared to the previous trading day's close of $9.69. Other companies within the Consumer Durables industry that increased today were:

Global-Tech Advanced Innovations

(

GAI

), up 9.1%,

Koss Corporation

(

KOSS

), up 3.9%,

Brunswick Corporation

(

BC

), up 3.6% and

Elecsys Corporation

(

ESYS

), up 3.3%.

Xerox Corporation provides business process and document management services worldwide. Xerox Corporation has a market cap of $11.9 billion and is part of the technology sector. Shares are up 42.1% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Xerox Corporation a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates

Xerox Corporation

as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, attractive valuation levels, notable return on equity and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front,

Jakks Pacific

(

JAKK

), down 39.1%,

Select Comfort Corporation

(

SCSS

), down 9.5%,

Skullcandy

(

SKUL

), down 4.3% and

Entertainment Gaming Asia

(

EGT

), down 3.4% , were all laggards within the consumer durables industry with

Whirlpool Corporation

(

WHR

) being today's consumer durables industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer durables industry could consider

Consumer Discretionary Sel Sec SPDR

(

XLY

) while those bearish on the consumer durables industry could consider

ProShares Ultra Sht Consumer Goods

(

SZK

).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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