NEW YORK (TheStreet) -- Hewlett-Packard Co. (HPQ) was rising 2.85% to $28.49 on Monday afternoon after the company revealed its plans to expand its retail solutions portfolio.
At Monday's National Retail Federation Convention & Expo, HP unveiled its new enhanced line of touch and non-touch digital signage displays, its new line of value-priced displays and more upgrades to its mobile and fixed point of sale solutions. The company announced six new DSDs that would help retailers boost engagement with customers via interactive digital platforms, along with additions to the HP RP7 Retail System that would help retailers better serve customers in stores.
HP also intends to show off the HP MX10 Retail Solution, a system that allows retailers to improve customer service by permitting transitions between mobile and FOS solutions.
TheStreet Ratings team rates Hewlett-Packard 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 poor profit margins and weak operating cash flow."
Highlights from the analysis by TheStreet Ratings Team goes as follows: