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On Wed, 05 Jun 2024 23:15:26 GMT, Tom Kunich <cyclintom@yahoo.com>What I _should_ have done was leave my Agilent shares alone. As I mentioned previously, HP is a shell of its former self. When the Agilent split happened, all my HP were converted to Agilent 1:1, IIRC the shares were in the $25 range at the time. We weren't given a choice for the options, but were asked of we wanted to keep owned-shares of HP or convert them. Given my distaste for what the Fiorina regime did to HP, I chose to convert. Finally, ~15 years after I had been laid off, I was in a review with my financial planner and we noted the lackluster performance of Agilent, so I sold it all and invested in a mutual fund.
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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