Face-Off on Stocks: Hewlett-Packard, Cisco and Intel
Hewlett-Packard (HPQ), for instance, is trading at a price not seen in a year thanks to a sex scandal that lead to the ouster of CEO Mark Hurd. Cisco Systems (CSCO), whose routers and networking equipment are the backbone of the Internet, has seen its shares fall to year-ago levels as well, due to its outlook for corporate technology spending in the months ahead. Finally, shares of Intel (INTC), the company that dominates the chip-making business, have slumped on general worries about a slowing market for semiconductor sales.
Does all this mean that these stocks are now bargains, offering buyers the opportunity to outperform the broader market in the year ahead? Don't miss the video below. DailyFinance's Nikhil Hutheesing and Formula Capital's James Altucher face-off on these stocks, giving you the bull and bear case on each.