11 Trending AI Stocks on Latest News and Ratings

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8. Hewlett Packard Enterprise Company (NYSE:HPE)

Number of Hedge Fund Holders: 64

Hewlett Packard Enterprise Company (NYSE:HPE) offers data-driven solutions globally across six segments, including HPC & AI. The company provides advanced AI infrastructure and workload-optimized servers, along with tools for AI integration and management.

On December 9, Loop Capital increased its price target for Hewlett Packard Enterprise Company (NYSE:HPE) from $18 to $24 while maintaining a Hold rating, as per The Fly. The firm noted that HPE missed a re-rating from an 8x to 10x P/E multiple but highlighted that durable growth in its generative AI capabilities could mark the start of further stock gains. HPE’s expertise in design, tuning, and integration is essential for OEM customers due to the complexity of servers and clusters, according to the analyst.

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