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 (NYSE: HPQ ) 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 massive wave of mobile computing has done much to unseat the major players in the PC market, including venerable technology names like Hewlett-Packard. However, HP's rapidly shifting its strategy under the new leadership of CEO Meg Whitman. But does this make HP one of the least-appreciated turnaround stories on the market, or is this a minor blip on its road to irrelevance? The Motley Fool's technology analyst details exactly what investors need to know about HP in our new premium research report. Just click here now to get your copy today.
The relevant video segment can be found between 2:08 and 3:51.