After spending much of the past six months at a mediocre three-star rank, Hewlett-Packard
Shares of HP have been under pressure lately with several issues bubbling to the surface -- the abrupt exit of CEO Mark Hurd, worries of slowing corporate spending and the specter of falling PC demand are top of mind with many investors. But some CAPS members have taken the opportunity to give a bullish outlook on the stock, with some believing the recent fall is overdone.
While not earth-shattering, company operations are still humming as HP recently reported a 6% increase in fiscal third-quarter earnings and an 11% jump in sales. Despite some cautious commentary on economic uncertainty from Cisco's
Just as increasing demand was recently reported by storage firms EMC
Ousted CEO Mark Hurd has been credited for taking HP in the right direction and making big moves like buying services firm EDS to better compete with IBM
Do you think Hewlett-Packard deserves its raised status? Add your thoughts in the comments box below on this page, or head over to CAPS to rate the company and check out all the information and opinions the community offers, absolutely free.
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Fool contributor Dave Mock recently upgraded the dead houseplant with a much more visually stimulating artificial version. He owns no shares of companies mentioned here. Microsoft is an Inside Value selection. Motley Fool Options has recommended a diagonal call position on Microsoft. The Fool's disclosure policy wildly chases bubbles down to pop them before they float away.