The Best (And Worst) Third-Quarter Technology Vendor Stocks


Hewlett-Packard

CEO: Meg Whitman

June 28, 2013: $24.80
Sept. 30, 2013: $20.99
Change: -15.4%

Hewlett-Packard's stock has been on something of a roller-coaster ride lately. After seeing its stock drop nearly in half in 2012, the company rebounded in the first six months of this year with the best performing stock of any company on our list. But in the third calendar quarter, HP's shares fell 15.4 percent, the second-worst performer among all the stocks tracked by CRN.

In September, Hewlett-Packard, part of the Dow Jones Industrial Average since 1997, was dropped from the index because its share price had fallen so low. The change signified that HP has recently been out of step with the overall stock market and with the U.S. economy, which the DJIA is designed to mimic.

 



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