Re: Cycling editorial

On Wed, 05 Jun 2024 23:15:26 GMT, Tom Kunich <cyclintom@yahoo.com>
wrote:

Your opinion of HP might very well be true. But because the market tracks inflation, today HP is worth 3 times what it was in 2019. This means that they have been holding their value. I hope you put some of your money in their stock.

In 2019, HP stock was worth about $20.  Today, it's worth about $35.
That's a net increase of  35 / 20 = 1.75  times in the past 5 years.
If HP was really "worth 3 times what it was in 2019", then it should
now be selling for $60/share.


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Jeff Liebermann                 jeffl@cruzio.com
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