Why You Shouldn't Buy This Surging Tech Stock

Any sane investor would love to see a stock he or she owns double in six months' time, which is exactly the case for investors in longtime laggard Hewlett-Packard . And while the company's stock had been punished over the last several years, and for good reason, it's not sporting the bottom-barrel valuation it was months ago. It's true HP remains relatively cheap. Just how much opportunity still remains for investors interested in buying at today's levels? Not much enough to make it a buy, as Fool contributor Andrew Tonner explains below.

It's true that 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 the new leadership of CEO Meg Whitman. 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 article Why You Shouldn't Buy This Surging Tech Stock originally appeared on Fool.com.

Fool contributor Andrew Tonner 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.