Xerox Corporation (XRX): Today's Featured Consumer Durables 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 Durables industry lower today making it today's featured Consumer Durables laggard. The industry as a whole closed the day down 0.2%. By the end of trading, Xerox Corporation fell $0.13 (-1.2%) to $10.72 on light volume. Throughout the day, 8,649,903 shares of Xerox Corporation exchanged hands as compared to its average daily volume of 12,779,200 shares. The stock ranged in price between $10.64-$10.86 after having opened the day at $10.80 as compared to the previous trading day's close of $10.85. Other companies within the Consumer Durables industry that declined today were: Global-Tech Advanced Innovations ( GAI), down 2.8%, Libbey ( LBY), down 2.4%, Lifetime Brands ( LCUT), down 2.3% and Norcraft Companies ( NCFT), down 2.3%.

Xerox Corporation provides business process and document management solutions worldwide. Xerox Corporation has a market cap of $12.7 billion and is part of the technology sector. Shares are down 10.8% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Xerox Corporation a buy, 2 analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Xerox Corporation as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the positive front, EveryWare Global ( EVRY), up 5.2%, Pool ( POOL), up 2.7%, Ballantyne Strong ( BTN), up 2.6% and Hooker Furniture Corporation ( HOFT), up 2.0%.

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).

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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