NEW YORK (TheStreet)--Hewlett-Packard Co. (HPQ -Get Report)was rising 2. 85% to $28.
On Monday afternoon, the company announced plans to expand its retail solution portfolio.
At the National Retail Federation Convention and Expo on Monday, HP launched a new enhanced touch and non-
Touch Digital signage display and its new value range
Price display and more upgrades for its mobile and fixed point of sale solutions.
The company has announced six new DSDs that will help retailers strengthen their engagement with customers through an interactive digital platform and increase HP RP7 retail systems to help retailers better
HP also intends to showcase the HP MX10 retail solution, which allows retailers to improve customer service by switching between mobile and FOS solutions.
Wall Street ratings team on Hewlett-
Packard as a "hold" with a rating of C"
For their advice, the street rating team said: "We rate HewlettPACKARD CO (HPQ)a HOLD.
The main factors that affect our rating are mixed --
Some have expressed strength, some have expressed weakness, and there is little evidence that the stock is justified in its positive or negative performance relative to most other stocks.
The company's strengths are reflected in a number of areas, such as its robust stock price performance, impressive earnings per share growth records and convincing net income growth.
Contrary to these advantages, however, we have also identified weaknesses including poor margin and weak operating cash flow.