With consumer confidence falling in April and gross domestic product in the first quarter coming in lower than expected, the Dow Jones Industrial Average (DJINDICES: ^DJI ) was lucky to eke out any gains at all today. It was the fourth gain in five days for blue chips, which had their worst week of the year last week but added back more than 1% as a flurry of earnings helped the comeback. The Dow ended up 11 points, or less than 0.1%, on Friday to close at 14,712.�
Wall Street thought Hewlett-Packard (NYSE: HPQ ) shares looked undervalued today, and even after adding 1.9% Friday, shares traded at less than six times forward earnings. Rebounding from losses yesterday, HP posted the highest gains in the index today. In recent years the company has felt the brutal impact of the PC market decline, and its stock took the biggest hit in the index last year. So while the bullishness of 2013 -- the stock is up more than 40% year to date -- reflects some optimism about CEO Meg Whitman's turnaround efforts, the stock is still rallying from fairly depressed levels.�
Best Undervalued Stocks To Buy Right Now: Highway Capital(HWC.L)
Highway Capital plc does not have significant operations. It intends to seek and acquire a suitable business. The company is based in London, the United Kingdom.
Best Undervalued Stocks To Buy Right Now: Globus Maritime Limited(GLBS)
Globus Maritime Limited, through its subsidiaries, engages in the ownership and operation of a fleet of dry bulk vessels providing maritime services for the transportation of dry cargo products worldwide. Its dry-bulk carriers transport various major bulk cargoes, such as grain, coal, and iron-ore; and minor bulk cargoes, including bauxite, phosphate, sugar, cement, steel products, and alumina. The company charters its vessels to operators; trading houses, including commodities traders; shipping companies; and government-owned entities. As of November 21, 2011, the company owned and operated seven dry bulk carriers consisting of one Kamsarmax, two Panamax, and four Supramax vessels. The company was founded in 2006 and is based in Athens, Greece.
Hot Warren Buffett Companies To Invest In Right Now: QLT Inc.(QLTI)
QLT Inc., a biotechnology company, engages in the development and commercialization of ocular products that address the unmet medical needs of patients and clinicians. It offers Visudyne that utilizes light-activated photodynamic therapy to treat the eye disease known as wet age related macular degeneration. Visudyne is also used for the treatment of subfoveal choroidal neovascularization secondary to pathologic myopia, severe near-sightedness, and presumed ocular histoplasmosis. The company?s developmental stage products include Latanoprost Punctal Plug Drug Delivery System, which is in Phase II clinical trial for the treatment of glaucoma and allergic conjunctivitis; and QLT091001, which is in Phase Ib clinical trial for the treatment of leber congenital amaurosis and retinitis pigmentosa. QLT Inc. markets its products in approximately 80 countries worldwide. The company was founded in 1981 and is headquartered in Vancouver, Canada.
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