NEW YORK (TheStreet) -- TheStreet's Jim Cramer said he was very impressed with Hewlett Packard
(HPQ) CEO Meg Whitman when he and David Faber went at her on CNBC on Thursday morning.
The two were concerned about some line items that were not that strong, such as printers and enterprise. But Cramer says Whitman had an answer for everything and the stock consequently went from down 1% to one of the leaders in the market on Thursday.
Cramer likes the company's extraordinary cash flow generation, its ability to make acquisitions and its 1% revenue growth. He also notes the company is "starting to play offense." Cramer says there is not a lot to like about Hewlett-Packard, but there is "enough to like."
Must Watch: Jim Cramer Says There's Enough to Like About Hewlett Packard
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
TheStreet Ratings team rates HEWLETT-PACKARD CO as a "hold" with a ratings score of C+. TheStreet Ratings Team has this to say about their recommendation:
"We rate HEWLETT-PACKARD CO (HPQ) a HOLD. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and poor profit margins."
You can view the full analysis from the report here: HPQ Ratings Report
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he and Stephanie Link think could be potentially HUGE winners. Click here to see the holdings for FREE.
Check Out Our Best Services for Investors
Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts