Cramer Says No to HP, Baidu; Recommends These 2 Stocks Instead
Hewlett-Packard Company (NYSE:HPQ): Jim Cramer rated this stock a Sell. The stock’s 52-week high is $27.78, and its 52-week low is $11.35.
Cramer could not endorse the ailing PC maker last night, citing weak global economic growth as a gap between their stock performance and reality. In a world of growth, he says, HPQ might be able to carve outs its niche in the market once more. However, the industry is just too much for the company to handle right now.