Hewlett-Packard Rises 2% (HPQ)

Hewlett-Packard HPQ shares are getting a nice pop on Tuesday, rising 2.22% to $43.69. Volume has been a little less than average with around 16 million HPQ shares trading hands compared to a 3-month daily average of 18 million. This stock sure looks cheap on a valuation basis. HPQ trades at a trailing P/E of 11.85, a forward P/E of 7.68, and a PEG ratio of 0.85.