With Hewlett-Packard (NYSE:HPQ)
shares up almost 100% from the November 2012 lows, it seems pretty
clear that Wall Street has bought into the company's plans to cut costs
and enhance free cash flow (FCF).
Moreover, investors are clearly happy to see HP emerge as one of the
very few tech companies to not only meet (or exceed) estimates but
actually raise guidance
for the next quarter. While that's certainly all positive, HP still has
significant issues with competitiveness that must be favorably resolved
before the true underlying value in these shares comes to fruition.
Please continue reading here:
http://www.investopedia.com/stock-analysis/052313/cost-improvements-are-good-hewlettpackard-needs-revenue-growth-hpq-ibm-emc-orcl-lnvgy.aspx
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