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Hewlett-Packard
HPQ is set to report earnings after the bell, and analysts are looking for $1.27 per share in earnings on $32.75 billion in revenue.
Some ETFs that would benefit from a strong earnings report from HP are Merrill Lynch & Co., Inc. Internet
IAH, iShares S&P North Amer Technology
IGM, and iShares S&P Global Technology
IXN.
HP is among the largest positions in these ETF's and a short term trade in these ETF's might be beneficial for traders, looking for a quick profit in this holiday-shortened week.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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