Time to Buy HP?

By Chris Hill – May 23, 2013 at 7:30PM

NYSE: HPQ

HP

Market Cap

$31B

Today's Change

(0.39%) $0.12

Current Price

$31.19

Price as of May 17, 2024, 4:00 p.m. ET

Is the turnaround at Hewlett Packard real?

The following video is from Thursday's Investor Beat, in which host Chris Hill, and analysts James Early and Charly Travers dissect the hardest-hitting investing stories of the day.

Hewlett-Packard (HPQ 0.39%) CEO says "You can feel the turnaround taking place at HP." Shares rose more than 17%, and hit a new 52-week high on Thursday on second-quarter earnings news. Even though profits fell 32%, it was still better than Wall Street was expecting. In this installment of Investor Beat, Motley Fool analysts James Early and Charly Travers examine the strength of HP's business, and whether investors should add this tech giant to their watchlists.

The relevant video segment can be found between 2:08 and 3:51.

Charly Travers has no position in any stocks mentioned. Chris Hill has no position in any stocks mentioned. James Early has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.