Is HP Inc (HPQ) Stock a Good Buy in Computer Hardware

Thursday, January 23, 2020 2:31 PM | InvestorsObserver Analysts

HP Inc (HPQ) is near the top in its industry group according to InvestorsObserver. HPQ gets an overall rating of 43. That means it scores higher than 43 percent of stocks. HP Inc gets a 59 rank in the Computer Hardware industry. Computer Hardware is number 90 out of 148 industries.

Click Here to get the full Stock Score Report on HP Inc (HPQ) Stock.

What do These Ratings Mean?

Finding the best stocks can be tricky. It isn’t easy to compare companies across industries. Even companies that have relatively similar businesses can be tricky to compare sometimes. InvestorsObserver’s tools allow a top-down approach that lets you pick a metric, find the top sector and industry and then find the top stocks in that sector.

These scores are not only easy to understand, but it is easy to compare stocks to each other. You can find the best stock in an industry, or look for the sector that has the highest average score. The overall score is a combination of technical and fundamental factors that serves as a good starting point when analyzing a stock. Traders and investors with different goals may have different goals and will want to consider other factors than just the headline number before making any investment decisions.

What's Happening With HP Inc Stock Today?

HP Inc (HPQ) stock is trading at $22.10 as of 2:22 PM on Thursday, Jan 23, an increase of $0.18, or 0.8% from the previous closing price of $21.93. The stock has traded between $21.87 and $22.17 so far today. Volume today is light. So far 6,085,785 shares have traded compared to average volume of 8,986,053 shares.

To screen for more stocks like HPQ click here.

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