In the following video, Fool contributor Matt Thalman points out one big reason why he believes opening a new position in Hewlett-Packard (HPQ +0.61%) is not worth the risk today. While Matt feels that Meg Whitman has, up to this point, performed wonderfully in pulling the struggling technology company back from the edge of the cliff, the turnaround strategy still has a number of hurdles to overcome, and too many things still have to go according to plan.
A brief look at whether or not buying shares of Hewlett-Packard is a good decisions today.
About the Author
Matt first became interested in the stock market while attending West Virginia University. A finance professor told a story about how a few thousand dollars invested in Mylan Pharmaceutical's stock in the 1970's had turned a number of employees, some even working as janitors at the company, into millionaires after holding onto their shares for more than 30 years. The seed of investing in quality stocks and holding those positions for a very long time was planted. After completing his MBA and working in the hospitality industry in Las Vegas for a number of years, Matt joined the Fool as a contributor in 2011. Follow his stock picks on CAPS at TMFMT.
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