Hewlett-Packard Company (HPQ) Extends the Dow’s Record Rise: Alcoa Inc (AA), Cisco Systems, Inc. (CSCO)

Page 1 of 2

A day after hitting a record high, the Dow Jones Industrial Average 2 Minute (Dow Jones Indices: .DJI) isn’t stopping to rest on its laurels. As of 2:20 p.m. EST, the index has risen 31 points, or 0.22%, to continue pushing into uncharted territory. Most stocks are in the green today, and the tech sector’s rise is giving a nice boost to the markets. Let’s dig into the details.

Hewlett-Packard Company (NYSE:HPQ)Tech highs and lows
Hewlett-Packard Company
(NYSE:HPQ) isn’t stopping to admire the Dow’s new record. The tech giant leads all Dow stocks higher, with shares up 3.8%. Hewlett-Packard Company (NYSE:HPQ) had an awful 2012, but 2013 has turned the tables on this stock: Since Jan. 1, shares have jumped a whopping 36% as investors look to take advantage of a potential turnaround opportunity. Take care if you’re tempted, however: Analysts still expect the PC market to decline in 2013, and Hewlett-Packard Company (NYSE:HPQ) still has a long road back to respectability ahead of it. Until this company can establish a competitive long-term plan, I’d avoid this volatile stock.

Microsoft Corporation (NASDAQ:MSFT) isn’t helping the PC market’s fortunes, as its new Windows 8 operating system has gotten off to a sluggish start. The company is offering the new OS at a discount to equipment manufacturers, according to The Wall Street Journal. Microsoft is hoping manufacturers will move into creating smaller, touch-based notebooks and laptops with Windows 8 in mind, but between the lackluster reception to the OS, Microsoft’s sluggish Surface tablet sales, and the PC market’s fall, investors should tread lightly around this vulnerable stock. Shares of the company lead all Dow laggards lower by losing 1%.

Page 1 of 2

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Best Travel Destinations in Australia

World’s Most Expensive Musical Instruments

World’s Most Famous Animals

Most Expensive Cakes in the World

Most Expensive Kosher Champagne in the World

Most Expensive Kosher Wine in the World

The Most Surprisingly Dark Fairy Tales

Most Popular Travel Destinations in Asia

The 10 Most Expensive Dresses Ever Worn to the Oscars

World’s Most Visited Art Museums

Best Countries for Photographers to Work in

Best Paid Jobs in the Film Industry

The Most Renowned Recovered Paintings Ever

Child Stars That Turned out Just Fine

Books That Were Banned in the Past Century

World’s Richest Dancers

Best Remedies against Bad Breath

Foods That Improve Your Skin Texture

Best-Selling Children’s Books of all Time

Foods That Boost Your Libido

Best-Selling Books of all Time

The Most Expensive Academy Awards Jewelry in History

Most Expensive Japanese Restaurant In New York City

The Best B-Boy Movies

Most Awesome Hip Hop Documentaries

Foods That Stain Your Teeth

Richest Doctors in the World

The Best Movie Sountracks Ever

The Highest Grossing Musicals on Broadway

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!