HPQ: Good Timing and A Fair Price for HPQ

What does the company do? HP is a technology solutions provider to consumers, businesses and institutions globally. {Source: Company Web Site} What does the company sell? The company sells business and home computing, imaging, and printing hardware as well as offerings in IT infrastructure and global services. {Source: Company Web Site} What is the catalyst for investing? This is a good time to buy tech because it often runs up in the fall. You can pick up this market leader at a good price. The company and others in the sector have been indicating that technology spending is stabilizing. HP is aggressively pursuing international growth, recently beat earning expectations, and completed its acquisition of EDS. How does the price of the stock compare to its growth rates? The stock has a fairly valued price - currently trading at a forward PE of around 11 with a quarterly revenue growth rate (year over year) of around 11% and a quarterly earnings growth rate (year over year) of around 14%. PEG Ratio (5 yr expected): 0.91 {Source: Yahoo} __________ Disclaimer: This opinion is provided "as is" and without warranties of any kind. Under no circumstances shall the author be liable for any damages that result from the use of, or the inability to use it. Everything provided is to be used for information purposes only. The opinion is not intended to provide specific legal, financial, medical, health, tax, or any other professional advice whatsoever.