November 15, 2012
Which big tech dividend on the Dow Jones Industrial Average (DJINDICES: ^DJI ) is better: Intel (NASDAQ: INTC ) or Hewlett-Packard (NYSE: HPQ ) ?
Both of these tech giants have fallen from grace and are two of the worst-performing Dow stocks this year. They've seen their yields rise as share prices have fallen, and both are facing similar headwinds with lengthened upgrade cycles for personal computers and the unstoppable rise of mobile.
However, the two companies are also extremely cheap today, so which is the better buy? Austin picks Intel, because the company has a greater chance of being able to reinvent itself for a more mobile world, and its bread-and-butter PC and enterprise divisions still have significant (though reduced) value.
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