HP Inc, ticker symbol HPQ, has been driving conversations both in the institutional investor circles and the greater market. Despite a 9.5% drop since the last earnings, sentiment is mixed with David Einhorn being a notable figure betting on the stock's uptick. Earnings and revenue beats in Q2 fueled some optimism, though analysts caution that shares are not reflecting returns on capital. An AI growth catalyst has been identified for the company, signaling a potential venture into innovative techniques. A deep dive into the company reveals the stock as attractive, especially given its P/E ratio under 15. Solid earnings results and promising AI-powered PC prospects caused a notable jump in stock value. The intrinsic value of HP shares is perceived as substantially higher than its current share price. Immediate markers to watch out for include HP's upcoming Q1 earnings and the potential for a dividend trap. Institutional shareholdings stand at a significant 79%. Partnerships with iconic brands like Ferrari are also making news, as the tech giant continues to chart its course in international markets.
Hp HPQ News Analytics from Mon, 20 Nov 2023 08:00:00 GMT to Sat, 13 Jul 2024 17:39:11 GMT -
