According to Wall Street analysts, Hewlett-Packard is the stock on the Dow Jones Industrial Average with the most upside potential, yet they still have a hold rating on the stock.
Beyond the silliness of having a hold on the stock they're most bullish on, investors have to question whether analysts have this one correctly pegged. Is Hewlett-Packard really worth 72% more than Mr. Market has determined? That's a bold prediction, and one that Fool.com analyst Austin Smith believes is off the mark. HP continues to flounder in the tech space and has squandered the few turnaround opportunities it has had.
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The article Wall Street Is Dead Wrong About This Dow Stock originally appeared on Fool.com.
Austin Smith owns shares of Intel. The Motley Fool owns shares of International Business Machines and Intel. Motley Fool newsletter services recommend Dell, International Business Machines, and Intel. 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.