Summary
- The article takes a look at both HPE and HPQ pre and post separation.
- Each company has issues to deal with, but are both cheaply priced.
- Each company has its set of problems, but more information is needed before taking sides.
- If forced, to choose HPE looks slightly more attractive. Personally, am holding onto both stocks until I have more clarity.
As is well known, Hewlett-Packard (NYSE:HPQ) split into two companies: the new Hewlett Packard Enterprise with a new ticker symbol HPE that will focus on enterprise (i.e. servers, storage, networking and related services) while the old printer and PC business will be renamed HP, Inc. and remain under the current ticker HPQ. This article will look at these two businesses and their valuations based on what we know and guidance.
The Old Business
HP, Inc. is a global market leader in both printing and PCs with $55 billion in revenue, 230,000 channel partners, over 18,000 patents, and revenue from all over the world.
