Are Investors Buying Hewlett-Packard's Turnaround Strategy?

Before you go, we thought you'd like these...
Before you go close icon

Limping tech giant Hewlett-Packard has an analyst event planned Wednesday. Investors have been patient with Meg Whitman throughout her tenure so far. A year ago, the CEO laid out an ambitious turnaround strategy for Hewlett-Packard based upon the enterprise segment. The CEO also took two large writedowns during this process, earning praise for her leadership. Hewlett-Packard has also done well as an investment year to date, with shares up over 40%.

However, are investors getting impatient with this turnaround strategy? Meg seemed to hedge on the "growth in 2014" promise and has demoted Dave Donatelli, the head of the enterprise computing sector. What does Hewlett-Packard need to do to grow revenue again? Hewlett-Packard also decided to shift to a multi-platform approach, who are the winners and losers of this change?

In this segment of Tech Teardown, Erin Kennedy discusses Hewlett-Packard's turnaround strategy with Jamal Carnette and Evan Niu, CFA.

Hewlett-Packard may not be growing, but these companies are!
Tired of watching your stocks creep up year after year at a glacial pace? Motley Fool co-founder David Gardner, founder of the No. 1 growth stock newsletter in the world, has developed a unique strategy for uncovering truly wealth-changing stock picks. And he wants to share it, along with a few of his favorite growth stock superstars, WITH YOU! It's a special 100% FREE report called "6 Picks for Ultimate Growth." So stop settling for index-hugging gains... and click HERE for instant access to a whole new game plan of stock picks to help power your portfolio.

The article Are Investors Buying Hewlett-Packard's Turnaround Strategy? originally appeared on

Erin Kennedy has no position in any stocks mentioned. Evan Niu, CFA has no position in any stocks mentioned. Jamal Carnette has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. 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.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

People are Reading