4 Reasons Why I Love HP Inc. Stock
Many investors think of HP (NYSE: HPQ) as a sleepy "mature" tech stock with limited growth potential. Yet HP shares rallied nearly 30% this year, beating the S&P 500's 10% gain and a 24% decline at Hewlett-Packard Enterprise (NYSE: HPE) -- from which it split in late 2015.
But even after that impressive rally, I believe that HP still has room to run. Let's take a look at four key catalysts that might help the stock hit new post-split highs this year.
HP's Spectre laptop. Image source: HP.
Source: Fool.com
HP Inc. Stock
With 14 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
However, we have a potential of -2.22% for HP Inc. as the target price of 32 € is below the current price of 32.73 €.