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Hewlett-Packard: Strong uptrend |
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| Nov 09, 2009 08:40 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: Hewlett-Packard (HPQ), Stocks to Buy  Did you a get chance to establish a position in Hewlett-Packard (NYSE: HPQ) back in April? If you did, you're up a nice 39%. But the equally comforting news is that there's still considerable upside ahead for HPQ, which is why I'm Reiterating my Buy rating for the company, first recommended on April 24, 2009 at a price of $35.80. Hewlett is well-positioned to increase market share in PCs, servers, printers, and IT services. The company's cost reduction efforts have gone reasonably well, and it's made progress re-positioning its customer services operation to become the one-stop shop that many customers seek. Meanwhile, the integration of Electronic Data Services, acquired for about $13 billion, should go reasonably well. Continue reading Hewlett-Packard: Strong uptrend Hewlett-Packard: Strong uptrend originally appeared on BloggingStocks on Mon, 09 Nov 2009 15:40:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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