Hewlett - Packard Company - Climbing a Slippery Rope
Hewlett - Packard continues to be one of the recovering Ex-Dow 30 - Industrials composite Companies that is doing well. There is a reason they dropped it off the Dow 30, but that is the subject for one of my cynical articles.
It is on a Strong Hold, but my (fundamental and technical) Indicators are breaking down. The coming months will be slippery.
For now it looks very good, but "looks" are not everything. Caution is strongly warranted.
My previously written articles on HPQ (just click) provide you the history of my forecasting, its accuracy and support for my performance.
My Performance for Hewlett - Packard can be found in my table below and is about 91% per annum for my holding period. (not including dividends).
Click on HPQ. It is not hard to understand how Bear Markets can cause financial set-backs to your portfolio for years and in many cases those set-backs are never recovered. I have over 50 years of successfully doing what I call "preventative maintenance."
A Special Note for Seniors & Retired Investors - Dividend Yield - - Hewlett - Packard: 1.88%
Note: The below Table is for your review, questions and perhaps thoughts. If you would like to "Invest Wisely" in my "Income & Growth" Asset Allocation Model, please email me to open a dialog on how I go about providing superior performance with a very low threshold of risk.
My Current Forecast is not as bright as the recent performance!
If you own or are considering owning Computer Hardware companies, the securities are becoming a mixed bag and becoming increasingly more negative. Hewlett - Packard is currently relatively strong technically, but I have reservations about my fundamental valuation; however, it is on my Initial Bearish Forecast - "Warning."
My Current Opinion is to Hold in anticipation of taking profits. This may be at even higher prices, but there will be an end and time to sell, but that is not currently in my forecast. That is a balancing of my below three (weighted) pillars of research.
* Fundamentally - ( weighting - - 40% ): My Analytics for my fundamental valuation play a vital role in profitable managing money. Earnings continue to be only moderate.
* Technically - ( weighting - - 35%): Within this outstanding company, my indicators remain strong. It is only slightly off its highs of $33, is selling for $34.
* Consensus Opinion - ( weighting - - 25% ): My third pillar of research is one that is always distorted to the positive by most all financial analysts. That's because they are afraid of being bearish. I am not!
Here are a number of the Component Companies / Peers in the Computer Hardware Industry Group that I focus on rather frequently if you wish to follow me: (NYSE:HPQ), (NASDAQ:AAPL), (EMC), (NYSE:DDD), (NASDAQ:DELL), (NASDAQ:NTAP), (NASDAQ:STX), (NYSE:WDC), (NYSE:FIO), (NASDAQ:RSYS), (NYSE:PAY), (NYSE:NCR), QTM). And, more . . .
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Smile, Have Fun, "Investing Wisely,"
HPQ, AAPL, EMC, DDD, DELL, NTAP, STX, WDC, FIO, RSYS, PAY, NCR, QTM