Trade-Ideas: Hewlett-Packard (HPQ) Is Today's Post-Market Leader Stock

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Trade-Ideas LLC identified Hewlett-Packard ( HPQ) as a post-market leader candidate. In addition to specific proprietary factors, Trade-Ideas identified Hewlett-Packard as such a stock due to the following factors:

  • HPQ has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $271.9 million.
  • HPQ is up 2.5% today from today's close.

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More details on HPQ:

Hewlett-Packard Company, together with its subsidiaries, provides products, technologies, software, solutions, and services to individual consumers, small-and medium-sized businesses (SMBs), and large enterprises, including customers in the government, health, and education sectors worldwide. The stock currently has a dividend yield of 1.8%. HPQ has a PE ratio of 12.4. Currently there are 9 analysts that rate Hewlett-Packard a buy, 1 analyst rates it a sell, and 9 rate it a hold.

The average volume for Hewlett-Packard has been 8.8 million shares per day over the past 30 days. Hewlett-Packard has a market cap of $66.1 billion and is part of the technology sector and computer hardware industry. The stock has a beta of 1.72 and a short float of 1.6% with 3.88 days to cover. Shares are up 26.8% year-to-date as of the close of trading on Tuesday.

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