1 Tech Stock Benefiting From Low Expectations
The following video is from Thursday's Motley Fool Money roundtable discussion, in which host Chris Hill and analysts Charly Travers, James Early, and Ron Gross discuss the top business and investing stories of the week.
Hewlett-Packard's reported a 32% decline in second-quarter profits, but it was good enough for Wall Street. Shares of the tech giant rose more than 14% on the earnings news. Hewlett-Packard CEO Meg Whitman says that you can feel the turnaround taking place at the company. In this installment of Motley Fool Money, our analysts discuss the future of Hewlett-Packard.
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 relevant video segment can be found between 7:18 and 8:56.
The article 1 Tech Stock Benefiting From Low Expectations originally appeared on Fool.com.Charly Travers, Chris Hill, James Early, Ron Gross, 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 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.
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