Jim Cramer: If the Yen Stays Strong, HP Will Do Better
TheStreet's Action Alerts PLUS Portfolio Manager was disappointed with HP Inc.'s latest quarter.
TheStreet's Action Alerts PLUS Portfolio Manager was disappointed with HP Inc.'s (HPQ) latest quarter. 'That was a contentious conference call,' Cramer said, referring to the company's 14 percent drop in printing revenue. 'I still believe if the yen stays strong, they will do better.' On Wednesday, HP reported better-than-expected earnings, but shares slipped after reporting weak guidance.
At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.
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