This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

HP Chromebooks: More Than Just A Pretty Shell To These Stocks

Chris Lau, Kapitall: The HP Chromebook 14, powered by Google's Chrome OS, want to brighten your portfolio this holiday season.

Hewlett-Packard (HPQ) provided a sneak preview of its Chromebook 14 at recent the Intel Developer Forum. Powered by an Intel (INTC) Haswell processor, the device will be a mere $299.99.

Read more from Kapitall: Blackberry Isn't Private Yet: Are Shares Ripe for the Picking

This could be a worrisome development for companies like Microsoft (MSFT). Microsoft is relying on the traditional upgrade cycle towards Windows 8.1, but budget mobile laptops like the Chromebook have the potential to impact sales this time around.

Chromebook 14 specs

To speed up the booting up sequence, the storage will have a 16GB solid-state disk.

  • Solid-state drives (SSDs) generally reduce the time it takes to start up a system.
  • Windows XP and 7 both benefit from SSD.
  • HP recognized the performance benefit by including one.

Though 16GB could be filled up quickly, the Chromebook will include 100GB of cloud storage on Google (GOOG) Drive for two years. And HP’s Chromebook 14 features a 14 inch screen, running Google’s Chrome OS.

Google can also benefit from Chromebook sales since it would encourage users to store data on the search giant’s cloud, as opposed to Microsoft’s Skydrive, DropBox, or any other competing cloud storage offering.

Investing ideas

Intel, Google and HP may all be eagerly anticipating Chromebook 14 sales. Both Google and Intel shares are up overall in the last six months, and strong interest for the colorful Chromebook 14 devices could help renew investor interest in HP shares:

Click on the interactive charts below to see data over time. 

HP also has the lowest forward P/E at 6, compared to 12 for Intel and 23 for Google.

Stock quotes in this article: GOOG, HPQ, INTC, MSFT 

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 +2.54 0.14%
NASDAQ 4,095.5160 +9.2910 0.23%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs