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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (490)1/16/2014 11:12:06 AM
From: Kirk ©  Read Replies (2) | Respond to of 26788
 
Some people are getting bullish again for HPQ. Anyone have a bearish perspective? I still hold all shares bought at lower prices (I bought twice under $15 with my own money and added it to my newsletter at $14.50)

A little over a year ago I heard Jim Cramer on his show trash talk HP stock. It was one of the final straws on the Camel's back that convinced me it was time to buy again after more than a decade of selling. I also bought my first ever shares for my newsletter portfolio with a buy under $15 and targets to add at a lower price. I probably wrote this article too soon as it didn't quite reach my next buy point before taking off
Yesterday I caught a bit of Cramer's show and he said to buy: "Hewlett-Packard (HPQ) has been going up quietly and slowly. Cramer would be a buyer rather than a seller."
seekingalpha.com

You gotta love it when someone changes direction on advice after a double.

HP looks terrible on valuation using growth since revenue and earnings are still falling, but it has a PE of only 7 so if Meg can steady the ship it could easily get a PE of 10 for a nice gain. Show some growth and it could double again for a PE of 14.




To: GROUND ZERO™ who wrote (490)1/17/2014 12:09:06 PM
From: Kirk ©4 Recommendations

Recommended By
ggersh
Gottfried
GROUND ZERO™
Jerome

  Read Replies (2) | Respond to of 26788
 
Excuse my lack of modesty, but I modified the main subject page (Kirk's Market Thoughts) to include this:

AWARDS for "Kirk Lindstrom's Investment Letter" From " Timer Digest Market Timer of the Year Awards"
  • 2014: Timer Digest #1: tied for first place as Bond Timer of the Year (2013)
  • 2014: Timer Digest #1: tied for first place "Top Ten Timers" (stock market) for past 3 months (9/30/13 to 12/31/13)
  • 2014: Timer Digest #2: tied for second place for "Top Ten Timers" (stock market) for 2013
  • 2014: Timer Digest #2: tied for second place for "Top Ten Timers" (stock market) for past 6 months (6/28/13 to 12/31/13)
  • 2013: Timer Digest #8: tied for eighth place for "Top Ten Timers" (stock market) for 2012