HP Inc. (HPQ) has had a mixed performance recently. Its Q4 earnings have been explored in comparison with other hardware and infrastructure stocks. The company made waves in the automobile industry by teaming up with Ferrari and revealing a high-tech livery at the Miami Grand Prix. Despite a market upswing, HPQ's stock has had some struggles. This is emphasized by Jim Cramer of CNBC, who advised against investing in HP due to doubts about the potential impact of 3D printing on the company's revenue. However, the company was bolstered by substantial acquisitions from Northern Trust Corp and AQR Capital Management. HPQ has seen a larger fall than the market and shares plunged 28% following its earnings, prompting debate about whether it is the best hardware stock to buy now. Despite a decline, the companyβs stock has been highlighted as having massive upside potential by renowned billionaire investor David Einhorn. HPQ is also expanding its AI technology, gaining a stake in AI platform Humane and extending its AI-enabled product portfolio.
Hp HPQ News Analytics from Thu, 20 Jun 2024 19:17:59 GMT to Fri, 02 May 2025 12:30:20 GMT -
Rating -3
- Innovation 8
- Information 6
- Rumor -5