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7 Simple Reasons I Bought HP Inc. Stock


7 Simple Reasons I Bought HP Inc. Stock

When HP (NYSE: HPQ) split with Hewlett-Packard Enterprise (NYSE: HPE) two years ago, many analysts believed that HP, which retained the PC and printer businesses, would be a weaker play than HPE, which kept the enterprise hardware and software businesses.

Yet HP rallied about 45% over the past year, while HPE rose just 6%. I believe that HP's rally isn't over yet, so I recently started a position in the stock for seven simple reasons.

Image source: HP.

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Source: Fool.com

HP Inc. Stock

€30.66
1.790%
There is an upward development for HP Inc. compared to yesterday, with an increase of €0.54 (1.790%).
With 8 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
As a result the target price of 31 € shows a slightly positive potential of 1.11% compared to the current price of 30.66 € for HP Inc..
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