Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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Days Of Future Past
If investors want to know what to expect from the Hewlett-Packard split, they might want to look at the company's previous spin-outs."[Avago] came out of Hewlett-Packard," Sean Udall, CIO of Quantum Trading Strategies and author of The TechStrat Report, told Benzinga. "Verigy, that came out of HP. The bottom line is, HP has a pretty good history. When they do a spin-out, it generally creates a fair amount of value."Agilent Technologies Inc. (NYSE: A) also came from HP."When HP did their last big spin-out and they kind of separated the company into the current HP as it stands and Agilent, pretty much everything that went to the Agilent side was fantastic," he said. "That's where Avago was. That's where Verigy was."FREE REPORT: How To Learn Options Trading Fast
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More Companies, More Problems
What Does The Split Mean For 3D Printers?
Udall and Chowdhry have different expectations for HP's 3D printer business."My guess is, the computing and printing division will probably have the 3D division," said Udall. "So right now, the division I think people suspect will be kind of the dog of this deal might end up being really good if HP becomes a strong player in 3D printing."Chowdhry, on the other hand, thinks that 3D printing is merely a concept within HP. If it comes to fruition, he expects the company to develop 3D printers for large enterprises."But I don't think they will be successful in that," said Chowdhry. "[You] can't come up with any products if your personal agenda takes precedent over your corporate agenda."Another Firm About To Split
Udall has high hopes for the Agilent split that was announced last year."That is a stock I've been eyeballing lately," he said. "They kind of have a science and technology company with a medical technology company. A lot of people think the medical technology division is very undervalued. Once they split the two companies, you'll see a lot of value come out of Agilent."Disclosure: At the time of this writing, Louis Bedigian had no position in the equities mentioned in this report.Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.