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Hewlett Packard Stock Prediction: Cash Cow in Mature Industry

This article was written by Gabriel Rodan, a Financial Analyst at I Know First.

Stock is defined by noticeably low valuation in the context of it’s business sectors
Has a prominent PC segment with higher revenues than its Printing segment but Printing has more important contribution to bottom line
Earnings growth opportunities and expansion based on increasing proliferation within the global printing industry
23% discount from previous high represents buying opportunity according to I Know First’s proprietary algorithm

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The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

I Know First has negative near and long-term algorithmic forecasts for IBM.
However, the low valuation of IBM’s stock plus its consistent dividend payments makes it a buy in my book.
I am also bullish on the future role of IBM in Artificial Intelligence or cognitive computing.
IBM has been the consistent leader in terms of numbers of patents awarded per year. It has proprietary technologies that aren’t being monetized yet.
The upcoming July 18 earnings report of IBM will most likely deliver the 21^st consecutive quarter of declining revenue. The bearish outlook for IBM will linger on.