How Does HP Continue to Outperform?
The following video is from Wednesday's Investor Beat, in which host Chris Hill and analysts Jeff Fischer and Bryan Hinmon dissect the hardest-hitting investing stories of the day.
Shares of Dow component Hewlett-Packard are up again today after CEO Meg Whitman told CNBC that revenue growth was still possible. Whitman said she was happy with the progress the company has made thus far and revenue growth was the next focus of the five-year plan. So far, HP is the best performer in the Dow Index. In our lead story on Investor Beat, Motley Fool analysts Jeff Fischer and Bryan Hinmon discuss how HP has bounced back from its lows but still has a long way to go before investors should jump in. Also, our analysts discuss four stocks that made major moves on Wednesday's market and two stocks investors should keep an eye on in the week ahead.
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 How Does HP Continue to Outperform? originally appeared on Fool.com.Bryan Hinmon, CFA, Chris Hill, and Jeff Fischer have no position in any stocks mentioned. The Motley Fool recommends Goldman Sachs, Halliburton, and lululemon athletica. It recommends and owns shares of Boston Beer and Ulta Salon, Cosmetics & Fragrance and has the following options: long Jan. 2014 $50 calls on Herbalife. 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.