Jim Cramer Says There's Enough to Like About Hewlett Packard

TheStreetAugust 21, 2014

Hewlett Packard stock is higher following positive fiscal third quarter results which were largely driven by a surge in PC sales. The Silicon Valley giant posted a surprise increase in quarterly revenue, that's despite some line items being not that strong including printers and some of the enterprise. So does it make sense that HP is one of the leaders of the market? Jim Cramer says yes. Cramer sites the company's extraordinary cash flow generation, its solid stock price performance and its one percent revenue growth. Cramer says he's very impressed with CEO Meg Whitman. Whitman is seeking growth in other areas, particularly its server business.