Still Bullish on Hewlett-Packard

We have recommended Hewlett-Packard (HPQ) a number of times over the past 15 months. The shares became table-pounding cheap as the previous CEO had made an overpriced acquisition, ruined the balance sheet and had poor day-to-day business execution. Even the business model came into question, with a heavy reliance on a mature-to-declining personal computing system and printer businesses. 

With the appointment of a new CEO, Meg Whitman, investors have had good reasons to bid the shares up again. Besides right-sizing the balance sheet to being net cash positive again, Whitman has been instrumental to refocusing Hewlett-Packard back to its core strengths in personal computers, enterprise systems and printing. ...389 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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