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Stock Pick by Jim Van meerten

XRX: Xerox business plan hard to duplicate

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Posted 2481 days ago on 10/11/10

XRX will go UP
$3.00 on 11/11/10
$30.61 (1,001.08% from time of market call)

S&P 100 stock Xerox Corporation (XRX) is The Document Company and a leader in the global document market, providing document solutions that enhance business productivity. The Company has expertise in the production and management of documents: color and black-and-white, digital and paper, across networks or on a desktop, in a commercial print facility or a quick-print shop, for the small office or the global enterprise. Contributions for the ACS acquisition and the R&D activity from the Fuji-Xerox division position this stock to take care of synergies both presently and in the future. There is great promise in the development of the i Gen 4 high speed publishing capabilities. Wall Street has 6 buy and 4 hold recommendations published for their brokers to push to clients. The buys are based on estimated sales increase of 42.30% this year and 6.10% next year. Increases in earnings are projected to be 53.30% this year and 16.60% next year. Investors have noticed these recommendations and the stock had 14 new highs in the last 20 session for a 22.09% increase last month. Barchart has a 100% technical buy signal and the stock trades around 11.08 well above its 50 day moving average of 9.62. The stocks upward momentum gives it a rising 62.21% 14 day Relative Strength Index. The general investors are positive on this issue with the CAPS members on Motley Fool voting 385 to 66 that the stock will beat the market with the All Stars in agreement 108 to 14. Fool notes that all of the last 12 Wall Street columnists articles have been positive. The issue looks good with: 100% Barchart buy signal 14 new highs in 20 sessions Wall Street buy recommendations based on increases in sales and earnings Wide and positive general investor interest Jim Van Meerten is an advisor to Marketocracy Capital Management who uses his model portfolios not only to manage their mutual funds but also their clients Separately Managed Accounts. You can read his blogs about those model portfolios and investing here and on Barchart Portfolio Blogs. Please leave a comment below or email JimVanMeerten@gmail.com Disclosure: Jim Van Meerten does not have an interest in this stock.

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Posted 11/26/2010, 11:52 am

Xerox deserves a second look --

Xerox Corporation (XRX) is The Document Company and a leader in the global document market, providing document solutions that enhance business productivity. The Company has expertise in the production and management of documents: color and black-and-white, digital and paper, across networks or on a desktop, in a commercial print facility or a quick-print shop, for the small office or the global enterprise.

The acquisition of Affiliated Computer Systems has given earnings per share a boost. The company continues to invest in R&D in the area of digital publishing and will be the world leader in this technology. The low interest rate environment, if it continues, will help keep down the interest costs of this leveraged company.

The recent price momentum has given the stock an 80% Barchart technical buy signal with the stock advancing 29 times and up 39.37% in the last quarter. It trades around 11.78 which is 17.47% above its 50 day moving average of 11.13. The 14 day Relative Strength Index is 58.82% and rising.

The company has always been a Wall Street brokerage favorite and the Street has published 7 buy, 3 hold and no negative reports released recently. Although sales are expected to increase by 42.50% this year and only 6.30% next year the real story in in earnings projections of a 55.00% increase this year and 18.30% next year.

The security continues to be a core position with the general investing public and over on Motley Fool the CAPS members vote 402 to 66 that the price will beat the market with the All Stars voting in the same direction 110 to 55.

Fool notes that the last 12 Wall Street journalists articles have been positive.

Xerox is an old favorite who:

Enjoys recent price movement
80% Barchart technical buy signal
Wide and positive investor sentiment
Wall Street projection of continuing increases in sales and earnings
Jim Van Meerten is an advisor to Marketocracy Capital Management who uses his model portfolios not only to manage their mutual funds but also their clients Separately Managed Accounts. You can read his blogs about those model portfolios and investing here and on Barchart Portfolio Blogs. Please leave a comment below or email JimVanMeerten@gmail.com.

Disclosure: Jim Van Meerten through Marketocracy Capital Management has an interest in the stocks mentioned in this blog.

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