Time to Change Strategies on Hewlett Packard Enterprise Here's what traders who are long HPE should do. Stocks quotes in this article: HPE The "Lightning Round" segment of Mad Money is a viewer favorite. This is the portion of the show when callers can quiz Jim Cramer about individual stocks they have an interest in. One caller Tuesday night asked about Hewlett Packard Enterprise (HPE) : "This one has come back, but now it's time to go," said Cramer.
In our last review of HPE way back on August 26, 2019 we said, "Because prices have been in a decline from late February I am not optimistic about the earnings numbers this week. We could always get a reflex bounce, but I think the risk is on the downside." As things turned out the price of HPE bounced in the summer of 2019 and then plunged sharply lower into the March 2020 lows.