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The Zacks Analyst Blog Highlights: Hewlett-Packard, Google, Computer Sciences, SanDisk and Pegasystems

Zacks Equity Research

For Immediate Release

Chicago, IL – June 14, 2013 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Hewlett-Packard Company (HPQ-Free Report), Google (GOOG-Free Report), Computer Sciences Corp. (CSC-Free Report), SanDisk Corp. (SNDK-Free Report) and Pegasystems Inc. (PEGA-Free Report).

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.

Here are highlights from Thursday’s Analyst Blog:

HP, Google to Simplify IT for SMBs

Hewlett-Packard Company (HPQ-Free Report) is transforming itself into a more dynamic organization. The company recently announced the first phase of HP SMB IT in a Box, which basically covers PCs, printers, management console, administration and customer support and Google Apps. This is the first initiative taken by HP to combine its technology with Google (GOOG-Free Report).

HP already has in its kitty a number of products based on Google's Android and Chrome operating systems. This includes the HP SlateBook x2, HP Slate7 and the HP Chromebook.

HP SMB IT leverages HP hardware such as the PC and printers, with the help of Google Apps to be used in businesses. Apart from this, the cloud-based communication and collaboration tools are also taken into consideration. In addition to this, Google Apps support around 5 million businesses on a daily basis, covering services such as Gmail, IM, Calendar, Drive, Docs and more.

This technology is economically beneficial for the SMBs as they substitute the high cost of human labor.

 HPQ already has a number of solutions for the cloud computing segment that are making life easier for its SMB customers.

Moreover, the SMBs’ endeavors to expand the application of information technology in day-to-day business activities will drive SMB IT spending over the coming years. We believe that HP, with its strong position, would be able to capitalize on government initiatives.

However, HP has to compete with Computer Sciences Corp. (CSC-Free Report) and International Business Machines (IBM) in the SMB service space.

Currently, HP has a Zacks Rank #3 (Hold).

Investors may also consider technology stocks such as SanDisk Corp. (SNDK-Free Report), having a Zacks Rank #1 (Strong Buy) and Pegasystems Inc. (PEGA-Free Report), which has a Zacks Rank #2 (Buy).

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.


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