Is hewlett packard a good stock to invest if comparing to the P/E and PEG of the industry?
Investing - 4 Answers
Random Answers, Critics, Comments, Opinions :
1 :
yes
2 :
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3 :
Unfortunately too many people are just trying to make a quick buck with Forex trading. You must remember that world markets are very volatile at this moment in time with regards to the N.Korean nuclear situation. Do you understand that if you were reading an online news bulletin and the headline read North Korean nuclear situation, it is far less alarming than North Korean Nuclear Crisis...stuff like this could determine Forex changes.
4 :
HP is a good solid company. I'm pretty sure that it's the leading PC maker in the US. It should do well in the near term.
5 :
It is a mistake to put too much credibility on the PEG ratio. It is based on projected earnings and those making the projections are always overly optimistic. As for HPQ, it is a decent company with a broad range of products. Its PE is not too high. Historically speaking, it is dirt cheap; but nevertheless it could be a mistake to rely on historical comparisons going forward. PCs have become commodity items and HPQ relies heavily on them. If you are interested in technology stocks, it is my opinion that GOOG is a better bet.
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