In: Accounting
Select a company and determine its current stock price. Compare the current price to its recent activity and to at least one other similar company in the same industry or line of business. Discuss possible reasons for increases or decreases in your stock's price and its standing with its competitor.
IBM
current stock price$133M
IBM has sold off most of its computing hardware operations to double down ona basket of high growth businesses known as the company's strategic imperatives. The best strategiv imperatives of the company is combination of cloud computing, data security, artificial intellitence and mobile technologies combined for $33 billion of the company's $80 billion in top line revenues in 2016 and increased in over half in 2018
The current stock price of HPQ is $34m.
HPE is still slogging through the sluggish enterprise. Last quarter, its Enterprise Groups revenue dropped by 12%annually to $6.2 billion, it enterprise services revenue fell 11% to $4billion and its software revenue and reduced to *% and financial services revenue slipped 6%.
The reasons for this is weak enterprise spending, competition from nimbler rivals, and a market shift toward cloud based solutions. Better business is required