11 Best NASDAQ Stocks Under $5 to Buy Now

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8. Xerox Holdings Corporation (NASDAQ:XRX)

Share Price as of October 23: $3.19

Number of Hedge Fund Holders: 26

Xerox Holdings Corporation (NASDAQ:XRX) is one of the best NASDAQ stocks under $5 to buy now. On October 22, Xerox announced the launch of its new Xerox Proficio Production Series. This introduction included the debut of two new digital presses, the Xerox Proficio PX300 and the Xerox Proficio PX500 Production Presses, which are designed to help print providers compete and grow in the mid-production color market by representing Xerox’s next-generation production technology.

The introduction of Proficio marks a new master brand for the company’s production press lineup. The name is derived from the Latin verb meaning to make progress, advance, and succeed, embodying Xerox’s mission to help clients adapt and accelerate in a changing marketplace. The Proficio Production Series is built on a unified platform that incorporates Xerox’s most advanced imaging, automation, and AI-assisted intelligence.

The Proficio PX300 and PX500 presses are specifically created for graphic arts and commercial print applications. Key features include print speeds of 85 and 100 pages per minute, respectively, giving providers flexible options to match their production needs. They offer Ultra HD resolution with an optional fifth color station, enabling Beyond CMYK embellishments such as fluorescent Pink with gamut extension, clear, and low-gloss clear.

Xerox Holdings Corporation (NASDAQ:XRX), together with its subsidiaries, operates as a workplace technology company that integrates hardware, services, and software for enterprises internationally. It operates in two segments: Print & Other and Xerox Financial Services/XFS.

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