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HPQ

HPQ long term outlook and where to buyWith the break of key moving averages (21w and 34w) a patient investor following the Buffett playbook might want to look into acquiring HPQ for a trend continuation in the long term uptrend of this stock. The question is, as always, where will it bottom? Outlined is the most likely scenario: bottom will be somewhere in between $30 and $31. Invalidation of this idea comes from making a new lower low, shown with a stop loss under $26. The patient investor should expect to reach target of $40 if not much, much more. This corresponds to a >30% move. This TA is based on the idea of monthly support levels (monthly S1-S3 lines) and demand zones (white candles within our indicators). The prior range from June-October 2021 also provides excellent support. Monthly support levels will change tomorrow with the arrival of a new month but we expect them to simply add additional confluence to this idea when they are printed.
NYSE:HPQLong
by LYFTOFF
Topped for next 2 yearsMany indications here that HP Inc. has topped throughout 2022. I expect the reaction to their upcoming earnings report on May 31st will be negative, whether or not they report decent earnings. Forward P/E will be revised downward. Technical Analysis from 2012 shows we have 3 major rallies. The length of price movement and time extended in each of these rallies are closely related to one another. This indicates correlation - meaning these are subwaves of a larger wave and are therefore connected and shaped by one another. A retracement back down to the .382 fib line is a minimum retracement which still indicates a -45% drop from current prices. Connecting the tops and bottoms forms a nice channel. We recently overshot the top of the channel and swung back down below indicating a rejection of further price increases. This "throw over" is a characteristic of end moves. RSI indicator shows major divergence between waves iii and v of wave 5. Also indicating a top. Currently HP Inc. is the highest valued tech stock in the computer hardware industry if you use a stock screener like Finviz.com. I found this very surprising. Again, earnings are on May 31st and the charts are foretelling a selloff. Currently many investors are hiding in tech stocks that they find "safe". So ask yourself, is it likely that HP will be selling more computers in 2023 than in 2021 and 2022?.. or is it more likely the opposite? When is the last time you looked into buying an HP computer or saw an office supplying their staff with HP? They have nothing that separates them from other computer hardware companies like Apple, Dell, Lenovo, Logitech, etc. Is there a bullish argument to be made? I am struggling to find one looking into a future of higher prices and lower consumer spending. Market Cap = 35.57B Income/Earnings = 6.52B Effective P/E ratio = 6.16 Forward P/E ratio = 7.90 (currently priced for increasing sales but should be revised downward soon as a result of inflation and future expected returns declining) *Not financial/investment advice, although I find this to be a very compelling case. I do currently own Put options on this stock. Trade at your own risk.
NYSE:HPQShort
by MonetaryRebel
1
HPQ - Was it Good Bet by Warren Buffett?Following the news about the purchase of 11% HP shares by Warren Buffett in April the price was up by 17%. Who can question the King but let's have a quick look if it was such a good idea and if the retail investors should follow him or look the opposite way in the short term. Fundamental indicators: Revenue and Profits - not consistent for the past 10 years Profit margin - averaging at circa 7% so it is not impressive either P/E - very attractive at 6.6% compared to the market average Liabilities - signs of debt problems with growing liabilities which exceed assets Technically: Following the global correction that lasted 20 years and took shape of Contracting Triangle we can observe 5 wave impulse since March 2020 This impulse is at the final stage with completed waves 1 to 4 The 5th wave is forming now in the shape of Ending Diagonal which can be explained by the choppy movement Once the final wave updates the current maximum of circa $42 there might be a sharp drop in the first corrective wave to the region of $20 to $25 representing 0.382 and 0.5 Fibonacci retracement levels respectively Given the rising risks of global recession and mediocre performance of the company, was it a good idea for Warren Buffett to get into this deal or is there some insider information that we are missing? What do you think about this? Please share your thoughts in the comments and like this idea if you would like to see more stocks analysed using Elliott Waves. Thanks
NYSE:HPQShort
by vitalalyt
3
HP (NYSE: $HPQ) Snapped Up By Berkshire Hathaway! 💻HP Inc. provides personal computing and other access devices, imaging and printing products, and related technologies, solutions, and services in the United States and internationally. The company operates through three segments: Personal Systems, Printing, and Corporate Investments. The Personal Systems segment offers commercial and consumer desktop and notebook personal computers, workstations, thin clients, commercial mobility devices, retail point-of-sale systems, displays and peripherals, software, support, and services. The Printing segment provides consumer and commercial printer hardware, supplies, solutions, and services. The Corporate Investments segment is involved in the HP Labs and business incubation, and investment projects. It serves individual consumers, small- and medium-sized businesses, and large enterprises, including customers in the government, health, and education sectors. The company was formerly known as Hewlett-Packard Company and changed its name to HP Inc. in October 2015. HP Inc. was founded in 1939 and is headquartered in Palo Alto, California.
NYSE:HPQLong
by RedHotStocks
2
HP Will Likely Gain This Week Before DeclinesBased on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on March 11, 2022 with a closing price of 36.29. If this instance is successful, that means the stock should rise to at least 36.71 which is the bottom of the larger green box. Three-quarters of all successful signals have the stock rise 4.499% from the signal closing price. This percentage is the bottom of the smaller green box. Half of all successful signals have the stock rise 8.594% which is the end point of the black dotted arrow. One-quarter of all successful signals have the stock rise 12.467% from the signal closing price which is the top of the smaller green box. The maximum rise on record would see a move to the top of the larger green box. These are the same concepts for the levels in the red boxes as well. The ends/vertical sides of the boxes are determined in a similar fashion. The peak of the rise can occur as soon as the next trading bar after signal close, while the max rise occurs within the limit of study at 35 trading bars after the signal. A 1% rise must occur over the next 35 trading bars in order to be considered a success. Three-quarters of successful movement occur after at least 12 trading bars; half occur within 24 trading bars, and one-quarter require at least 32 trading bars. The black dotted arrow represents median historical movement. Medians are a good metric, but they are just one of many I use when forecasting future movement. As always, the stock could decline the very next bar after the signal without looking back (therefore the red boxes would not come into play) or the stock may never decline (and the green boxes may never come into play).
NYSE:HPQ
by StockSignaler
Eyeing HP for more rises. HPQStrong upwardly momentum converting to price changes to the upside. This is already good on it's own. We are betting on an upward zigzag, leaving us to complete the last leg. Patience is key, patience is vital to profitable successes. Let trades come to you. Never force the market, you will lose. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
NYSE:HPQLong
by Rykin_Capital
HPQ, 6 Jan: Insider sells and a bearish divergence.HPQ got rejected at the channel median. HPQ CEO sold part of his holdings on 3 Jan. Elliott: We are able to count a complete 5-waves move up, suggesting the trend could reverse soon, or has reversed already. Oscillators: The Stochastic is overbought and the RSI shows a bearish divergence. Geometry: The channel median provided resistance on 3 Dec and might do so again. How to trade it: An idea could be to test a short position and observe if HPQ can break the green support diagonal around 36.3. Price often continues to climb after prominent insider sells, until it breaks down a few days later. The idea is invalidated if HPQ breaks the channel median (blue line) to the upside.
NYSE:HPQShort
by UnknownUnicorn12250317
1
HP Hewlett-Packard | Fundamental Analysis | MUST READ ! ! LONGShares of HP climbed 10% to a new all-time high following the company`s Q4 financial results last week. The company's revenue increased 9% from a year earlier to $16.7 billion, surpassing forecasts by $1.3 billion. Adjusted earnings rose 52% to $0.94 per share, six cents exceeding expectations. HP did not provide exact earnings estimates for fiscal 2022 but foresees adjusted EPS to grow 8%-14% in the first quarter and 7%-13% for the full year. The averages of both estimates topped Wall Street's expectations. HP's results seem to be strong, but is there any room for the stock to rise after surging more than 50 percent over the past year? Let's look at a few arguments to buy HP, and one reason to sell it, to figure it out. First, personal computer sales are still strong. HP's personal systems division, which sells laptops, desktops, and workstations, accounted for 71% of revenue during the quarter. This business encountered a solid increase through the pandemic since more people upgraded their computers to work and attend classes online. Nevertheless, the bears say the segment's growth will stall this year as the accompanying pandemic "tailwinds" have weakened and the PC market has encountered chip deficits and supply chain disruptions. The consumer-oriented segment unquestionably encountered a slowdown within the preceding two quarters, but the bears seem to have underestimated the resilience of the commercial business, which has been recovering as more businesses resume operations and upgrade their legacy systems. During a conference call, CEO Enrique Lores said HP "saw the highest demand and highest profitability" of its Windows-based commercial products during the quarter, and its supply remained "notably eminent" as it worked to eliminate component shortages. In other words, HP is still selling its commercial systems as fast as it can produce them. Second, the company's operating margins are stable. Another bearish argument against HP is that shrinking margins in the printing segment will reduce the company's profits. However, HP's overall operating margin is up 120 basis points from a year ago, with significant improvement in both the PC and print segments. In both segments, HP attributed the improved margins to favorable pricing and an improved mix of higher-margin products, which largely offset higher raw material costs and new investments. It's not a perfect balance, but solid operating margins and large buybacks (including $1.75 billion in the fourth quarter) should allow HP to continue growing earnings per share at a healthy pace. Finally, low valuations and high dividends should be kept in mind. HP stock has more than doubled since Xerox abandoned its aggressive offer last March. Today, that value is about $40 billion -- up from the $35 billion Xerox was offering. Nevertheless, HP stock still trades at eight times earnings guidance. It also pays a generous dividend yield of 3.1%, which is backed by a low payout ratio of about 24%. This low valuation and high dividend yield could make the company a good defensive play in a volatile market. However, there is one reason to sell HP: its printing business. HP's printing segment underwent momentum during the pandemic as more people bought printers for home projects, offsetting the slowdown in commercial sales due to business closures. Last year, though, the increase in the consumer segment slowed as the tailwind weakened, and the commercial segment stabilized only slightly after a steep decline in 2020. As a result, modest print segment growth of 1% year-over-year in the fourth quarter indicates that business continues to decline. Long-term unfavorable factors - including long renewal cycles, growth in paperless jobs, and competition from ink and toner manufacturers - could slow the growth of this weak segment for the foreseeable future. HP's printing business will remain the company's weakest link, but its potential may steadily develop as it expands its industrial 3D printing division and its subscription-based Instant Ink service. HP's personal systems business should remain strong, and its extension could even expedite when component shortages end. Meanwhile, large stock buybacks, high dividends, and low valuations should limit the company's downside potential and attract value-oriented investors. Simply put, HP's strengths still easily outweigh its weaknesses, and it's a good option if you're worried about a possible recession or market crash.
NYSE:HPQLong
by FOREXN1
2
HPE catch some PLTR hype pls?What is HPE? HPE aka Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data from edge to cloud. The company offers industry standard servers for multi-workload computing; mission-critical servers; storage solutions; and solutions for secondary workloads and traditional tape, storage networking, and disk products, such as HPE MSA and HPE XP. It also provides mobility and Internet of Things solutions under the Aruba brand, which include wired and wireless local area network products, such as Wi-Fi access points, switches, routers, and sensors; software products, such as cloud-based management, network management, network access control, analytics and assurance, and location services; and professional and support services, as well as as-a-service and consumption models for the intelligent edge portfolio of products. In addition, the company offers various flexible investment solutions, which comprise leasing, financing, IT consumption, and utility programs and asset management services for customers to facilitate unique technology deployment models and the acquisition of complete IT solutions, including hardware, software, and services from Hewlett Packard Enterprise and others. Further, it invests in communications and media solutions, Hewlett Packard labs, and various business incubation projects. The company serves commercial and large enterprise groups, including business and public sector enterprises; and through various partners comprising resellers, distribution partners, original equipment manufacturers, independent software vendors, systems integrators, and advisory firms. Hewlett Packard Enterprise Company was founded in 1939 and is headquartered in San Jose, California. This is the cloud division of HP and they been really beaten up this year, i think with the way everything is going, this is worth a lotto for some $13 calls for next year. If it becomes a runner, it'll be like striking gold. Major Support $9 area, Resistance $13.89 area My plan? With all the hype surrounding cloud stocks this year and that crazy PLTR run, maybe it's worth a lotto for some $13 calls for next year. If it becomes a runner, it'll be like striking gold.
NYSE:HPELong
by WallSt007
HPQ - 15.14% Potential Profit - Ascending TriangleIn order to decrease the risk associated with this trade, I strongly recommend waiting for tomorrow's earnings call: I like to play it safe and decrease unnecessary exposure when possible. A negative price reaction to earnings might invalidate this whole trade. Ascending Triangle with clear uptrend Support. Target price set at a new potential resistance line. - 5-month Uptrend - RSI + Stoch above 50 - MACD above Signal Suggested Entry $18.51 Suggested Stop Loss $17.75 Target price $21.31 Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
NYSE:HPQLong
by maschera