Is HP Stock a Buy?
HP's (NYSE: HPQ) stock has declined nearly 10% over the past three years as the S&P 500 has rallied nearly 40%. Even after factoring in reinvested dividends, it generated a total return of less than 1%.
HP struggled as its relatively stable PC sales were offset by declining sales of printers and printing supplies. The resignation of CEO Dion Weisler, a failed hostile takeover bid by Xerox (NYSE: XRX), and COVID-19 disruptions also kept the bulls away.
Image source: HP.
Source Fool.com
