Hewlett-Packard Company (HPQ)

This is part of the mobile internet index that Cramer is touting I looked and figured what the hay its worth a shot to see if they grow they way he thinks they will. His thesis is that the mobile internet while be as big a game changer as the original internet was. Being a CTO I do not think it will be that big a movement but it will provide enough growth for his index to work just not be the huge bust out he thinks it will be. What your looking at is replacing every cell phone and laptop with a device that can connect to the internet at broadband speeds form just about anywhere in the US. The only problem I with his choice is that he left out HP and DELL and Lenovo the big laptop makers they will have a play and I am including them in my version of the index. It's been a flop so far but I have hopes.

Computer sales are already starting to increase sharply. People who had been putting off buying a new computer because of the economy aren't going to put it off much longer. Plus the company already has pretty solid earnings.

one of the main tele conference providers

Telechart Scans

They are inovative and are always up to date on the electronic et al market and competition. Management is agressive.

Quality computers at a great price. With the upcoming release of Windows 7, I believe it will make the netbook and laptop sales soar.

Ramping up for the IT spend era

tech leader

Another undervalued blue-chip

fundamentals and momentum; favorable StockScouter rating

HPQ willl out perrform Dell & IBM the rest of the year and the stock will out perform the S&P as a result.

leader in their field. Excellent PE ratio

Longterm performance has been consistently outperforming despite some short hicks

Companies are making due in the recession, once that pressure lifts they'll need to rotate tech. HP I think is thought of having higher quality products than rivals right now. With the change in management HP is more focused, this stock as some room to climb.

Huge potential to continue growing and improving profit as Services further expand

HP has been through some rough times with an inadequate leader. They seem to have gotten their act together and should show better results in the future. They do have a 5 year record of increases in EPS, but the free cash flow is weak.

Still undervalued

a solid tech play, gaining market share in a global market

In the tech industry, HP has an incredibly strong line of servers. They spend a lot of marketing money on technical sessions with customers and potential customers, and have aligned themselves very strongly with VMWare. VMWare is playing well in the networking world with Cisco, which brings the HP / VMWare partnership more coverage. HP has also aligned with Cisco in the 10G switching market, choosing to re-brand the Cisco 5K series of Nexus switches. 10G networking and a strong VM play will push blade-server sales.