Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Hewlett-Packard Company (HPQ)’s Lucky Spin and Facebook Inc (FB)’s Friendly-Money Chat

Facebook Inc (NASDAQ:FB)’s plans to integrate a payments system in the social platform hasn’t pushed the company’s price that much as it stays around $77.3, some 0.2% below yesterday’s closing value, but it’s expected to jump as high as $13 above the current spot, according to TheStreet. On the other side Hewlett-Packard Company (NYSE:HPQ)’s announcement of dividing the company into two brought the company 4.7% higher so far for the day, at a price level of almost $36.9. These values were larger in pre-market.

 Hewlett-Packard Company (NYSE:HPQ)

“Shares of Hewlett-Packard up more than 6% after it announced this morning the company is preparing to split itself in two. And this comes just two years after the tech giant took a ride of nearly $9 billion on its Autonomy acquisition. Its enterprise business will continue to run its services and software business while separately HP will also have a new stand-alone company that sells laptops and printers,” said Jonathan Marino.

So Hewlett-Packard Company (NYSE:HPQ) is dropping down the extra weight and plans to reach new heights in price through its more performant business. This is an expected event by investors and is just a step in the restructuring plan that the company is following.

Meanwhile, Facebook Inc (NASDAQ:FB) is planning to allow its messenger to transfer money among users. This new feature isn’t meant to compete with Apple Pay or Google Wallet as it doesn’t have the capability of performing purchases in shops.

“He [Jim Cramer] is still liking shares of Facebook, targeting 90 dollars a share for the social network. The stock right now trading in the high 70s,” informed Jonathan Marino.

If this evolves to the level that at the cost of just some cents whilst chatting with a friend you can send or receive money in matter of seconds, it will be a tremendous achievement by the company to the delight of investors and customers alike.


Disclosure: none

Warren Buffett and BillionairesFree Report: Warren Buffett and 12 Billionaires Are Crazy About These 7 Stocks

Let Warren Buffett, David Einhorn, George Soros, and David Tepper WORK FOR YOU. If you want to beat the low cost index funds by an average of 6 percentage points per year look no further than Warren Buffett’s stock picks. That’s the margin Buffett’s stock picks outperformed the market since 2008. In this free report, Insider Monkey’s market beating research team identified 7 stocks Warren Buffett and 12 other billionaires are crazy about. CLICK HERE NOW for all the details.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.