15 AI Stocks Taking Wall Street by Storm

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13. HP Inc. (NYSE:HPQ)

Number of Hedge Fund Holders: 42

HP Inc. (NYSE:HPQ) is a technology company and Quant AI stock specializing in personal computing and printing solutions.

On November 27, JP Morgan analyst Samik Chatterjee maintained an “Overweight” rating on HP Inc. (NYSE:HPQ) and lowered the price target to $40 from $41. The analyst noted near-term challenges in the PC market including higher memory costs and competitive prices. However, there are recovery opportunities driven by pent-up demand, Windows 11 refresh cycles, and AI PC adoption by enterprise customers in 2025. The print segment surpassed expectations with $4.5 billion in revenue and improved margins of 19.6%, while personal systems (PS) revenue slightly missed expectations at $9.6 billion. The analyst considers long-term growth drivers for the company to be enterprise PC replacements tied to Windows 10’s end-of-life and AI PC adoption.

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