By Paul Price
The other HP is an oilfield service company with a stellar track record of conservatively managed growth. The shares look cheap today at $57.38 ask as of 10:22 AM EDT.
We bought 53 shares @ $57.38 this morning for Market Shadow's Virtual Value Portfolio committing $3,041 of our cash reserves. Portfolio details here.
HP traded as high as $69.38 as recently as February. Trailing EPS are $5.55, making its P/E a very reasonable 10.3x.
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