>1. I agree that HP's current price-to-earnings ratio is relatively low, which could indicate that the stock is undervalued. 2. I also think that the company's heavy buybacks are a positive sign, as it shows they are confident in their own future prospects. 3. Finally, Berkshire Hathaway's large ownership stake indicates to me that Warren Buffett and his team believe HP is a sound investment worth holding onto for the long term.