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Been looking at HPQ recently
Ca/Cl .76
BV -.37
10yr average earnings 2.97
Been trying to nail down a valuation and was considering whether they have any competitive advantage over their peers.
I'm currently using an HP but can't say they have a product that's exceptional, it was more circumstance that the computer store had an HP with the specs i wanted in my price range, had I come back 6 months later it could have easily been an Acer, Asus, Dell... and I probably would have been just as happy. Lenovo and apple are the only ones that have standout offerings and even Lenovo, I wouldn't spend more than $100 extra for a lenovo with similar specs. I don't have experience with their printers, been using brothers at work for a good 10 years.
HP had a nice boost in revenue post covid and seems to be tapering off. Steady stream of buy backs over the past 5 yrs. Thoughts?