HP Inc. is shifting focus to high-margin products and corporate services, enhancing profitability through cost reductions and investments in AI, premium PCs, and cloud services. Despite market stagnation, HP maintains high profitability, generates strong free cash flow, and supports shareholders with buybacks and dividends, making it a stable investment. The company is undervalued compared to historical and peer multiples, presenting a buying opportunity with a fair valuation of $30.16 and a potential 20.72% total return....
Seeking Alpha - 5/5/2025 8:06:34 AM
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