Analysts predict AI-enabled PCs and return-to-office trends ...
Analysts predict AI-enabled PCs and return-to-office trends could boost HP's sales. Despite Q1 softness, HP's FY24 guidance reiteration and impressive Print side margins are encouraging. Strong FY24 free cash flow could uplift buybacks. If the PC market recovers and HP maintains cost discipline, a stock re-rating could occur.
HP Faces Headwinds During First Half of 2024, Eyes Strong Second Half Growth
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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