Xerox Corporation (XRX): Today's Featured Consumer Goods Laggard

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 Goods sector lower today making it today's featured Consumer Goods laggard. The sector as a whole closed the day down 0.8%. By the end of trading, Xerox Corporation fell $0.16 (-1.6%) to $10.14 on average volume. Throughout the day, 10,422,133 shares of Xerox Corporation exchanged hands as compared to its average daily volume of 9,148,900 shares. The stock ranged in price between $10.08-$10.30 after having opened the day at $10.22 as compared to the previous trading day's close of $10.30. Other companies within the Consumer Goods sector that declined today were: China Automotive Systems ( CAAS), down 17.1%, Bridgford Foods Corporation ( BRID), down 10.6%, Furniture Brands International ( FBN), down 10.1% and Shiloh Industries ( SHLO), down 9.2%.

Xerox Corporation provides business process and document management services worldwide. Xerox Corporation has a market cap of $12.7 billion and is part of the computer software & services industry. Shares are up 51.0% year to date as of the close of trading on Friday. 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 revenue growth, solid stock price performance, good cash flow from operations, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Tianli Agritech ( OINK), up 18.0%, Castle Brands Incorporated ( ROX), up 13.5%, Tofutti Brands ( TOF), up 7.3% and National Beverage Corporation ( FIZZ), up 7.1% , were all gainers within the consumer goods sector with Ball Corporation ( BLL) being today's featured consumer goods sector leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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