Joel Kruger suggests this interesting Equities in his section Equities of interest :
Glu Mobile, Inc. (NASD: GLUU)
Although this stock has been beaten down in recent weeks, there still seems to be good value here considering the space. When we look ahead to the future, 2 areas which show intense promise and growth potential are the mobile and gaming sectors. So when you find a company that incorporates both sectors into its product, it seems like a compelling bet. Upon further glance, it also appears that the drop in this stock has been in sympathy to a more downbeat outlook at Zynga. However, Zynga’s fall from grace has been more a function of its reliance on the Facebook model (also less geared to mobile), whereas Glu has always been more mobile focused with a completely different model driven by a freemium approach. Throw in some seriously oversold daily technical readings, and a bullish reversal day off key lows, and the idea of getting long at current levels is highly attractive.
Hewlitt-Packard Company (NYSE: HPQ)
Ok…so everyone is real down on HP. All the talk about the end of the PC is definitely worth consideration, but let’s also not forget that the company is more than just PCs. After all, it does fall in the “diversified computer systems” space…”diversified” being the key word. HP is more than just PCs, and with such an impressive balance sheet and solid management, surely there is a plan to get with the times and optimize the business model. The company has already been making strides to transition more towards the IBM direction, and I believe they will be able to succeed. While the drop in the stock price has been going on for some time, this latest slide seems to be a little overdone, with the news that Lenovo has overtaken HP as the #1 PC maker driving a good deal of the recent plummet. But, I also think the Lenovo headlines need to be taken with a grain of salt, as it wouldn’t be too far fetched to assume that the Chinese Lenovo would compromise just about everything in order to gain such a title. Let’s also not forget about the dividend payment on HP, and violently oversold technical readings. I think it is simply too hard to ignore this ticker at current levels and believe there is still some value here.
