HP’s stock price slumped 15% recently due to its CEO’s resignation. It is always good time to buy good company during its disaster time. HP’s intrinsic value is around 60 based on last 10 years growth.In addition, my company just outsourced its global tier 1 IT support to HP with a 7 year contract and potentially 20 years strategic partnership.
Here is some more study from Tony Abbate and Bud Labitan.