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

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.

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 up 1.2%. By the end of trading, Xerox Corporation rose 15 cents (2.2%) to $7.09 on average volume. Throughout the day, 12.3 million shares of Xerox Corporation exchanged hands as compared to its average daily volume of 10.8 million shares. The stock ranged in a price between $6.95-$7.10 after having opened the day at $6.95 as compared to the previous trading day's close of $6.94. Other companies within the Consumer Durables industry that increased today were: Elecsys Corporation ( ESYS), up 8.6%, SHFL Entertainment ( SHFL), up 5.8%, A. T. Cross Company ( ATX), up 5.2%, and Blount International ( BLT), up 4.7%.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Xerox Corporation provides business process and information technology (IT) outsourcing, and document management services worldwide. Xerox Corporation has a market cap of $8.87 billion and is part of the technology sector. The company has a P/E ratio of 7.8, below the S&P 500 P/E ratio of 17.7. Shares are down 12.4% year to date as of the close of trading on Monday. Currently there are three analysts that rate Xerox Corporation a buy, no analysts rate it a sell, and three 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.

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).

HOLIDAY SPECIAL: Let Jim Cramer show you every trade he is making in his $2.5 Million portfolio. Join now for 14-days FREE. Sign up today to get e-mail alerts before every trade.

null

More from Markets

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

Flashback Friday: The Market Movers

Flashback Friday: The Market Movers

OPEC Deal Doesn't Boost Production Enough to Drive Down Crude, Gasoline Prices

OPEC Deal Doesn't Boost Production Enough to Drive Down Crude, Gasoline Prices