Quote:
Originally Posted by palmetto defender
LMAO. Current price - $17.11
Projected consensus 2013 earnings per share $ 3.32
"Low" PE ratio for large tech ( all of which are in bad shape except IBM) 10
Hence a reasonable 1 year price EPS X PE = @$33
Even if it was $23 - not bad
100 bill in assets 120 bill sales. Yeah OOB tomorrow.
YOU may not like their products BUT sales say different.
Bigger than IBM. #29 in the world. #13 in the U.S.
Kinda like the people saying Walmart is all washed up. Because they wouldn't be caught dead in one.
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Yes, you should invest in HPQ. Go ahead. The company and stock is a POS. I'll short it at $18-$20 and will be laughing all the way to the bank.