Thursday, May 20, 2010
The Street's Advice
I agree with The Street's assessment that Hewlett Packard is a good investment. Rebecca and I invested in the company over two weeks ago, and have lost money. The company is headed toward it's lowest low. However, since prices are so cheap, it is a good time to buy. Many analysts predicted that HP would not have as high a revenue as it does, and I see that as a good sign. Buying 100 shares of HP would cost little, meaning the losses won't be large even if the stock goes down. Also, HP was just upgraded by analysts, "Upgrades and coverage initiations are typically good for stocks because they show that analysts either believe that the stock is going to perform better in the future or that the stock is worth covering and providing analysis on." (learningmarkets.com).
Tuesday, May 11, 2010
New Blog
We were considering again investing in Apple Inc stock (AAPl) but after research we will not invest in this stock. It is at 250.04 down 3.09 but Hewlett-Packard (HPQ) is at 49.10. Although selling at a much lower price then apples, HP presently has an advantage over Apple. A previous problem with the Ipad is that it is missing a USB. The HP is releasing a new Slate that will have a built-in camera, video-recording capability, USB port, an SD card reader and support for Adobe Flash. All these features are absent in Apple's device. (TimesNewsline.com) In addition during this time, incoming college students are looking to but new computers for school. With an HP computer being more affordable then Apple, HP stock is likely to go up.
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