HP Stock: Bear vs. Bull
The bulls and bears are locked in a tussle over HP (NYSE: HPQ). The two views take opposing tones and cite vastly different explanations for their stances. But one camp includes Warren Buffett. Here's what the two sides are saying.
Demand for PCs ebbs and flows along with technological advancements and replacement cycles. HP bears are beginning to notice a downcycle in the PC market and don't like what they see. Global PC shipments were down 11% in the second quarter, and HP took the brunt of it, shipping 27% fewer PCs during the quarter.
Image source: Getty Images.
Source Fool.com
