3 Stocks Pushing The Consumer Durables Industry Higher

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 67 points (0.5%) at 13,019 as of Wednesday, Dec. 5, 2012, 11:50 AM ET. The NYSE advances/declines ratio sits at 1,464 issues advancing vs. 1,407 declining with 149 unchanged.

The Consumer Durables industry currently sits down 0.9% versus the S&P 500, which is up 0.0%.

TheStreet Ratings group would like to highlight 3 stocks pushing the industry higher today:

3. Xerox Corporation ( XRX) is one of the companies pushing the Consumer Durables industry higher today. As of noon trading, Xerox Corporation is up $0.08 (1.1%) to $7.06 on light volume Thus far, 4.0 million shares of Xerox Corporation exchanged hands as compared to its average daily volume of 11.0 million shares. The stock has ranged in price between $6.95-$7.06 after having opened the day at $6.95 as compared to the previous trading day's close of $6.98.

Xerox Corporation provides business process and information technology (IT) outsourcing, and document management services worldwide. Xerox Corporation has a market cap of $8.6 billion and is part of the consumer goods sector. The company has a P/E ratio of 7.6, below the S&P 500 P/E ratio of 17.7. Shares are down 12.3% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Xerox Corporation a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Xerox Corporation as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations and notable return on equity. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. Get the full Xerox Corporation Ratings Report now.

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