Xerox Corporation (XRX): Today's Featured Consumer Goods 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 Goods sector higher today making it today's featured consumer goods winner. The sector as a whole closed the day down 0.3%. By the end of trading, Xerox Corporation rose $0.09 (1.0%) to $8.99 on average volume. Throughout the day, 8,497,282 shares of Xerox Corporation exchanged hands as compared to its average daily volume of 9,080,300 shares. The stock ranged in a price between $8.91-$9.07 after having opened the day at $8.93 as compared to the previous trading day's close of $8.90. Other companies within the Consumer Goods sector that increased today were: G-III Apparel Group ( GIII), up 21.2%, Monster Beverage ( MNST), up 10.4%, DS Healthcare Group ( DSKX), up 7.8% and Quantum Fuel Systems Technologies Worldwide ( QTWW), up 6.7%.
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Xerox Corporation provides business process and document management services worldwide. Xerox Corporation has a market cap of $10.8 billion and is part of the computer software & services industry. The company has a P/E ratio of 9.6, below the S&P 500 P/E ratio of 17.7. Shares are up 30.5% year to date as of the close of trading on Monday. 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 increase in stock price during the past year, 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, Central European Distribution ( CEDC), down 31.6%, Furniture Brands International ( FBN), down 21.1%, Seneca Foods Corp. Class A ( SENEA), down 5.0% and Universal Electronics ( UEIC), down 4.6% , were all laggards within the consumer goods sector with Constellation Brands ( STZ) being today's consumer goods sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer goods sector could consider iShares Dow Jones US Cons Goods ( IYK) while those bearish on the consumer goods sector could consider ProShares Ultra Sht Consumer Goods ( SZK).

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