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.