HP Stock News

PALO ALTO, Calif., Dec. 12, 2024 (GLOBE NEWSWIRE) -- HP Inc. (NYSE: HPQ) today released a new report highlighting the far-reaching cybersecurity implications of failing to secure devices at every stage of their lifecycle.

With the holiday season underway, I present 17 companies with dividend increases for 2024, including Becton, Dickinson, and Company, a dividend king with a 52-year streak. My strategy focuses on buying, holding, and adding to companies with consistent dividend growth and outperforming benchmarks, using data from U.S. Dividend Champions and NASDAQ. I prioritize companies with strong historical r...

HP Inc. remains a scarce value stock in a very expensive stock market, trading at just ~11x forward revenue. The stock dipped after reporting weaker PC sales and higher commodity costs that ate into operating margins. However, the company is still expecting PC sales to accelerate in FY25, driven by new AI features as well as the end of support for Windows 10.

The consumer PC market remains sluggish due to a cautious spending environment, impacting HP's overall performance. While the Print segment surprised with positive growth, this is likely a short-term trend, as the long-term structural headwinds of digitalization continue to weigh on the business. HP remains a "show me" story. Investors should wait for concrete evidence of a PC demand recovery a...

Major U.S. equities indexes lost ground on the last trading day before Thanksgiving.

A slew of economic news and some tough posturing on trade put a damper on equities.

Personal computer giants Dell Technologies and HP Inc. are forecasting lower-than-expected earnings for the current quarter, causing shares of both companies to decrease by around 12%, while pacing what would be HP's worst day in more than three years.

The S&P 500 and the Nasdaq Composite extended losses on Wednesday as investors digested an in-line inflation report.  The personal consumption expenditure index (PCE) rose in October but was above the US Federal Reserve's preferred inflation target.