the worst.
hewlett-packard.
hewlett-packard is the only
stock in the dow that is
actually down from the dark days
four years ago when the dow
traded more than 50% lower than
where it is right now.
lost an astounding 21% since the
dow hit the bottom in the great
recession, 18% with the
reinvested dividends.
this is a tough one.
i racked my brains on this one.
talk about it all the time with
david faber.
you're betting here that ceo meg
whitman can pretty much pull off
a miracle, a wholesale
reinvention of a company that
has been brought down by
horrendous mismanagement and
horrible acquisitions before her
all stewarded by perhaps the
worst board of directors in the
world.
but all of that said a couple of
decades ago, ibm too looked like
a goner and it was turned
around.
it could happen to
hewlett-packard too.
i don't want to own
hewlett-packard here, it's run
up 40% since the year began and
we're in february.
here's the bottom line, we've
rallied huge off the bottom as
the dow attempts...