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December 16, 2015 Stock Pick: Xerox Corporation (XRX)

Stock Price: $10.10

Xerox Corporation provides business process and document management solutions worldwide.

Xerox is an old tech brand that might come back to life. The company has been adapting to the current environment with new services in healthcare data privacy, customer service analytics, and transportation management services. XRX is finding new ways to serve businesses.

Last year, XRX had revenue of $19.54 billion and net income of $969 million.  XRX has over $1.4 billion on the balance sheet and is trading at a market cap of over $10 billion.

Recently, it was reported that Carl Icahn took a stake in XRX and it was reported again that he has now added to that position. This will make it interesting watching XRX moving forward. 

XRX is currently at a great point in its chart and it could start to move if the company starts making more moves in the tech space.

Speculative Score: 2

1 Being the Least Speculative and Most Confident

10 Being the Most Speculative and Possibly the Most Risky

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