$28.75
0.00 (0%)
Hewlett-Packard Company (NYSE:HPQ)
CAPS Rating:
Hewlett-Packard aims to offer it all in the tech world, from hardware and servers to technology services to enterprise IT management.
Hewlett-Packard aims to offer it all in the tech world, from hardware and servers to technology services to enterprise IT management.
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HPQ is currently trading at about half its industry peers, with a current PE of ~10 and forward PE of 7. This discount overcompensates for overseas sale issues such as recent dollar strength and slowing economies. The stock is currently trading as if earnings will shrink 5% annually over the next 5 years, or be flat forever. Neither of these two scenarios.While not necessarily the bottom, I'm adding to my position here.