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Compiling comments that experts make about stocks while on public TV.

2017-05-16

Opinion for Xerox (XRX-N)

Signal Price Bias Subject Owned
TOP PICK $7.140 UNKNOWN Global Value & High Yield Bonds Yes

An amazing company. They recently spun off Conduint, their business process outsourcing business. The new management team is merging the old Xerox document management business with high technology. There has been a slew of new products out, aimed at the largest global companies to the small and midsized businesses. This has always been a big free cash flow generator. It is totally ignored by the street, which is why it is trading for less than 9X earnings. Dividend yield of 3.5%. (Analysts’ price target is $8.25.)

Lorne Steinberg
President & Portfolio Manager, Lorne Steinberg Wealth Management Inc http://www.steinbergwealth.com

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