Where This Dow Stock Finds Growth

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This video is part of our "Motley Fool Conversations" series, in which consumer-goods editor and analyst Austin Smith discusses topics around the investing world.

In the next installment of "Following the Money With This Dow Stock," Austin looks at struggling tech company Hewlett-Packard (NYS: HPQ) . Most people know HP for its personal computers, but the company is far more than that. In fact, it may even have the underpinnings to reinvent itself as a tech-consulting powerhouse, much as IBM (NYS: IBM) has done. It's a long shot for sure, and the company has been plagued by poor performance and fractured management for some time. But it's also very cheap today and has a lot of different levers it can pull to steer itself to a turnaround.

Because it's in the midst of a turnaround, Hewlett-Packard doesn't pay a great dividend, even though it's on the Dow. There are other Dow components that do, however, and some of them even made the list in our free report, "Secure Your Future With 9 Rock-Solid Dividend Stocks." Access your complimentary copy! Just click here to discover the winners we've picked.

At the time this article was published Austin Smith has no positions in the stocks mentioned above. The Motley Fool owns shares of Apple. Motley Fool newsletter services recommend Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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