Meg Whitman and Hewlett-Packard Company (HPQ) Versus the World

Good Results

No one can say it hasn’t been working for Whitman. Even with the distractions of Autonomy and Lane, the firm’s shares have regained most of the loss it saw through most of 2012. Since November, shares have grown 90.4%. The company’s 2012 operating margin was -9.19% but it’s Q1 margin this year was 6.18%. The signs are good for HP.

With Lane out of the way, media distractions should decrease, too. It allows shareholders to focus on Whitman as the hero and dismiss Lane as the villain. That storyline is too simplistic, but people like simple tales and this gives them a reason to believe in HP again. That’s the important thing going forward. The company has a CEO that people believe in, it’s beginning to make money again, and the shares are headed upward. Those are all good signs for Hewlett-Packard.

The article Meg Whitman and HP Versus the World originally appeared on Fool.com and is written by Nate Wooley.