Is HP Stock a Buy?
U.S.-based consumer hardware giant HP (NYSE: HPQ) has enjoyed household name status for several years now. It has a huge presence in the personal computer and printing segments not just in North America, but all over the world.
At the time of this writing, HP stock is down 33% from its 52-week high. Is this a good time to load up on the stock given this massive decline, or will the technology manufacturer underperform the broader markets going forward?
In the personal computer (PC) market, HP is one of the largest players in the world. According to a report by technology research firm Canalys, HP accounted for 21.8% of the global PC market just behind China's Lenovo, which ended the March quarter with a share of 23.9%. The other top players in this segment include Dell, Apple, and Acer, accounting for 19.6%, 6.0% and 5.8% of the PC market, respectively.
Source Fool.com
