E Daily Stock Pick: HP Inc

Gains For HPQ?

Adding the $0.64 annual estimated dividend to my $2.08 estimate of HP's price upside  shows a $2.72 potential gross annual gain, per share, which will be reduced by costs to trade those shares.

Say we pay a little under $1,000.00 today at the $19.92 recent stock price would buy us 50 HP Inc. shares.

A $10 broker fee paid half at purchase and half at sale will cost us $0.20 per share.

Subtract that $0.20 brokerage cost from the estimated $2.72 gross annual gain leaves a net gain of $2.52 X 50 shares = $126.00 or a 12.6% net gain on a $996.00 investment.

Therefore, HP Inc. whose trading ticker symbol is HPQ, now shows a possible net gain of 12.6% including a 3.22% dividend yield.

Sixteen brokers track HP Inc. stock:

Seven say "buy" HPQ.

Eight say ''hold" HPQ shares.

One thinks HPQ will "underperform" peers.

Their consensus rating is 2.188 or "outperform."

Therefore, you can look at HP Inc and see it has made money, is making money, and could net a 12.6% gain including a 3.22% dividend yield. It could be more, it could be less.

The above speculation is based on past year performance. The actual results remain to be seen to determine if HP Inc. is worth your time and money.

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