HP Inc. (HPQ) stock has declined 16% in a month due to economic concerns, but long-term prospects are positive.

From Zacks Investment Research: 2025-04-10 11:32:00

HP Inc. (HPQ) shares have dropped 16.1% in the past month, underperforming the Computer and Technology sector. This is due to fears of an escalating tariff war and slowing economic growth, impacting demand for PCs. However, global PC shipments grew 4.9% in Q1, benefiting top vendors like Lenovo, HP, Dell Technologies, Apple, and ASUS. Commercial PC demand is expected to remain strong, driven by enterprise refresh cycles and AI capabilities. HPQ is expanding its AI portfolio with innovative products, positioning it well for growth in the AI PC market. Conclusion: Hold HPQ stock for long-term growth prospects.



Read more at Zacks Investment Research: Should You Hold on to HPQ Stock Despite its 16% Decline in a Month? – April 10, 2025