Earnings trade #2 -- Hewlett-Packard (HPQ)

Posted Jul 25th 2009 1:00PM by Chris JohnsonChris Johnson RSS Feed
Filed under: Dell (DELL), Hewlett-Packard (HPQ), Intel (INTC), International Business Machines (IBM), Stocks to Buy

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hewlett-packard earnings tradeWith strong numbers from IBM (NYSE: IBM) and Intel (NASDAQ: INTC), along with some bullish comments from Dell (NASDAQ: DELL), look for positive results from Hewlett-Packard (NYSE: HPQ) when it reports earnings on August 18.

After seeing a dip earlier this month, the shares rebounded to hit a nine-month high. Sentiment is somewhat optimistic, but the stock should ride the bullish coattails of its competitors heading into earnings.

Buy HPQ call options.

Next: Earnings Trade #3

Tags: chris johnson, dell, earnings trades, hewlett-packard, hpq, ibm, intc, intel, stocks to buy

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Last updated: February 10, 2010: 11:19 AM

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