After spending much of the past six months at a mediocre three-star rank, Hewlett-Packard
Shares of HP have been under pressure lately with several issues bubbling to the surface -- the abrupt exit of CEO Mark Hurd, worries of slowing corporate spending and the specter of falling PC demand are top of mind with many investors. But some CAPS members have taken the opportunity to give a bullish outlook on the stock, with some believing the recent fall is overdone.
While not earth-shattering, company operations are still humming as HP recently reported a 6% increase in fiscal third-quarter earnings and an 11% jump in sales. Despite some cautious commentary on economic uncertainty from Cisco's
Just as increasing demand was recently reported by storage firms EMC
Ousted CEO Mark Hurd has been credited for taking HP in the right direction and making big moves like buying services firm EDS to better compete with IBM
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