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Hewlett-Packard aims to offer it all in the tech world, from hardware and servers to technology services to enterprise IT management.
When you add back the impairment charges taken in 2012 of $16.8 billion then you have an EPS of $2.10. That results in a P/E ratio below 6, which is absurd in my opinion. They are more than just computers, having 7 lines of businesses. I believe that Meg Whitman has cleaned up the books and I don't expect any more impairment charges. Plus they pay a dividend of more than 4%, so I expect this stock to have a nice run in 2013.
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