Better Tech Stock: Oracle vs. HP
Oracle (NYSE: ORCL) and (NYSE: HPQ) are often considered reliable blue-chip tech stocks that are owned for stability and income instead of aggressive growth. I compared these two stocks last June and declared that HP's simpler business model, lower valuation, and higher dividend made it the better buy.
But since I made that call, Oracle's stock has risen 57% as HP's stock declined 16%. Let's see why Oracle outperformed HP by such a wide margin -- and whether it is likely to remain the better big tech investment over the next 12 months.
Image source: Getty Images.
Source Fool.com
HP Inc. Stock
€23.29
-0.040%
Our community is currently low on HP Inc. with 4 Buy predictions and 14 Sell predictions.
A potential of -35.59%, resulting from comparing the current price of 23.29 € with the target price of 15 € for HP Inc., shows the chance of incurring significant losses.
