Outstanding quarter from Hewlett Packard (HPQ): Revenues up 13% from the year ago period which is a big increase for a company of this size. All goods categories (servers, computers, printers, supplies) were strong. Net income was up 25% from the year ago period.
HP is forecasting $4.45-$4.50 in EPS for the current fiscal year so at $47 the stock is actually cheap.
Disclosure: Top Gun has no position in Hewlett Packard (HPQ) shares.
Man was it hot today. According to weather.com the high for today out here in Granite Bay was 113! And I sure felt it. I have to say that this kind of heat really puts me in a bad mood. …
It’s another hot one today – 105 right now, according to weather.com, and heading up to 108 later today. A good time, then, to continue our analysis of how to profit from the heat. One thing that was left out…
Netflix reported earnings after the close yesterday (Monday July 24) and proceeded to get hammered in after hours trading for what seem to me insufficent reasons. The stock was down about $5 today, about 21% of it’s market capitalization, to…
I speak, of course, of Whole Foods Market (NASDAQ: WFMI) and it’s businessman-philosopher CEO John Mackey. Whole Foods reported it’s fiscal 3rd quarter after the close today (Mon July 31) and is trading at 52 week lows in after hours…
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