Hewlett-Packard Is Lower Than it Was 18 Years Ago

Remarkably, Hewlett-Packard ($HPQ) still finds ways to disappoint investors. The stock is now lower than where it was 18 years ago. $HPQ has gone from 10 cents per share in 1964 to $67 in 2000 back to $12 today.

Earlier this year, HPQ got to $30 and in 2010 it got as high as $49. Two years ago, when the stock was at $42, I was warning investors to stay away from HPQ. I reiterated that advice again, again and again.

Posted by on November 20th, 2012 at 11:13 am


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