S&P 500
7,226.20
+0.01%
Dow Jones
49,494.60
-0.62%
Nasdaq 100
27,685.40
+0.66%
Russell 2000
2,804.78
-0.02%
FTSE 100
10,364.50
0.00%
Nikkei 225
59,260.50
-0.78%

Consumer Electronics

S&P Favors Dell Over Hewlett-Packard (DELL, HPQ)

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
Follow 24/7 Wall St. on Google
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

It appears as though Standard & Poors is coming out more favorable on Dell (DELL-NASDAQ) than they are on Hewlett-Packard (HPQ-NYSE).  Here are the S&P notes:

Hewlett-Packard (HPQ-NYSE) Reiterated 3 STARS (Hold):
We are raising our fiscal year 2007 (Oct.) EPS estimate by 11 cents to $2.64. We believe January quarter results reflect the overall consistency of HP’s offerings, as well as its success with expense controls. However, we believe these factors are fully reflected in the current share price….. shares trade at a modest premium to the S&P 500 on a price-to-earnings basis. As a result, we would not add to existing positions. Our 12-month target price is $45.

Dell Inc. (DELL-NASDAQ) Upgraded to 4 STARS (Buy) from 3 STARS (Hold):
Although Dell continues to face a number of challenges regarding its business model and competitive environment, we believe these factors are fully reflected in the share price. Moreover, we view recent management changes, including Michael Dell’s return as CEO, positively, and we think changes will spur efficiency improvements and innovation. Finally, we see the existing cash and investments balance, and ongoing free cash flow generation providing opportunities to supplement growth and product endeavors. We are keeping our 12-month target price of $28.

Jon C. Ogg
February 21, 2007

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Continue Reading

Jon C. Ogg |

The One Analyst Defending H-P (HPQ, DELL, IBM)

To say that Hewlett-Packard Co. (NYSE: HPQ) has undergone some winds of change would be the understatement of the year. …
Douglas A. McIntyre |

24/7 Wall St. 2007 Price Target: Dell, $26

Over the next week 24/7 Wall St. will set mid-year price targets (June, 30, 2007) for the sixty most widely…
Paul Ausick |

Upside Potential for Big Technology Stocks (AAPL, GOOG, INTC, MSFT, ORCL, IBM, HPQ, DELL)

Among the hundreds of technology stocks, there are a relative handful of companies that stand out as bellwethers for the…
Jon C. Ogg |

How the Big Bulls Are Interpreting the Hewlett-Packard Breakup

Forget about the old Hewlett-Packard; the "when issued" shares of the break-up companies have finally arrived.
Douglas A. McIntyre |

From Icahn and Blackstone, a New Bid for Dell? An Ouster of Michael Dell?

ThinkstockThe Wall Street Journal and several other news outlets have reported that Blackstone Group L.P. (NYSE: BX) and Carl Icahn…
Jon C. Ogg |

BofA/Merrill Lynch Trims Dell, HP, and Brocade Targets

It was just last week that Bank of America/Merrill Lynch said it was reaffirming the Hewlett-Packard Co. (NYSE: HPQ) was…
Douglas A. McIntyre |

Hewlett-Packard Welcomes Dell Customers

courtesy of Hewlett-PackardHewlett-Packard Co. (NYSE: HPQ) is among the tech companies that had comments on the leveraged buyout of Dell…
Douglas A. McIntyre |

Can Dell Continue PC Momentum With Earnings? (DELL, HPQ)

This week may be lightly attended by traders and investors, but Dell Inc. (NASDAQ: DELL) is set to report earnings…
Douglas A. McIntyre |

Are PC Sales Slowing Down? (AAPL, HPQ, DELL)

The hopes in 2007 were that the upgrade cycle in PC’s was going to last in 2008 and into 2009…

Top Gaining Stocks

Cboe Global Markets
CBOE • Vol: 1,568,143
New Pluto Global
PSKY • Vol: 12,285,993
Seagate Technology
STX • Vol: 7,378,346
Oracle
ORCL • Vol: 26,317,675
Datadog
DDOG • Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ • Vol: 4,367,433
Clorox
CLX • Vol: 13,260,523
Stryker
SYK • Vol: 4,519,455
Mohawk Industries
MHK • Vol: 1,859,865
Amgen
AMGN • Vol: 3,818,618