Hewlett-Packard Company Case Study
While Chapter 9 provided some examples of stocks that proved to be less than opportunistic, this chapter will offer a case on what I view as a very opportunistic stock that touches on many elements discussed in chapters eight and nine. Throughout this chapter I’ll discuss the Hewlett-Packard Company (HPQ), an investment Jones Villalta Asset Management made in the third quarter of 2011.
HPQ came to our attention in two forms in the third quarter of 2011. First, given that HPQ is one of the largest companies in the United States, anyone who is attuned to business news would have been apprised of the company’s strategic changes and steep share price decline in the summer of 2011. Second, in August 2011, ...