Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



How Hewlett-Packard Stock Smashed the Market in 2013

Shares of struggling PC maker Hewlett-Packard have obliterated the market as we head toward the finish line of another very big year for the stock in general.

^NASD Chart

^NASD data by YCharts

Hewlett-Packard's struggles over the past several years have been well documented. The rise of smartphones and tablets, as well as depressed spending in the wake of the Great Recession, proved major drags on Hewlett-Packard's core businesses. In fact, Hewlett-Packard has seen its sales fall year over year in the past nine consecutive quarters.

Hewlett-Packard's reversal of fortunes
And despite those issues, HP has several positives going for it. Under the leadership of CEO Meg Whitman, Hewlett-Packard finds itself today slowly emerging from a multi-year turnaround aimed at placing Hewlett-Packard on a viable long-term trajectory. This has required Hewlett-Packard to undergo several rounds of substantial layoffs to shore up the lumbering tech giant's balance sheet. It's also gone to great lengths to put its fated Autonomy acquisition behind it as well.

All this has helped to restore investors' confidence in Hewlett-Packard and send its shares soaring in 2013. In the following video, tech and telecom analyst Andrew Tonner looks at the key storylines that powered Hewlett-Packard's huge performance this year.

Looking for next year's Hewlett-Packard
The market stormed out to huge gains across 2013, leaving investors on the sidelines burned. However, opportunistic investors can still find huge winners. The Motley Fool's chief investment officer has just hand-picked one such opportunity in our new report: "The Motley Fool's Top Stock for 2014." To find out which stock it is and read our in-depth report, simply click here. It's free!

Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2779661, ~/Articles/ArticleHandler.aspx, 9/27/2016 9:59:23 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 43 minutes ago Sponsored by:
DOW 18,228.30 133.47 0.74%
S&P 500 2,159.93 13.83 0.64%
NASD 5,305.71 48.22 0.92%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/27/2016 4:01 PM
HPQ $15.34 Up +0.32 +2.13%
HP CAPS Rating: ***