Is HP for Real?
The following video is from Wednesday's Investor Beat, in which host Chris Hill and analysts Jeff Fischer and Bryan Hinmon dissect the hardest-hitting investing stories of the day.
Shares of Dow component Hewlett-Packard were up again today, after CEO Meg Whitman told CNBC that revenue growth was still possible. Whitman said she was happy with the progress the company has made thus far, and revenue growth was the next focus of the five-year plan. So far this year, Hewlett-Packard is the best performer in the Dow Index. In our lead story on Investor Beat, Jeff and Bryan discuss how HP has bounced back from its lows but still has a long way to go before investors should jump in.
The massive wave of mobile computing has done much to unseat the major players in the PC market, including venerable technology names like Hewlett-Packard. However, HP's rapidly shifting its strategy under Whitman's leadership. But does this make HP one of the least-appreciated turnaround stories on the market, or is this a minor blip on its road to irrelevance? The Motley Fool's technology analyst details exactly what investors need to know about HP in our new premium research report. Just click here now to get your copy today.
The relevant video segment can be found between 0:14 and 2:31.
The article Is HP for Real? originally appeared on Fool.com.Bryan Hinmon, CFA, Chris Hill, Jeff Fischer, and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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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