/HP%20Inc%20logo%20and%20stock%20chart-by%20T_Schneider%20via%20Shutterstock.jpg)
Palo Alto, California-based HP Inc. (HPQ) provides personal computing, printing, 3D printing, gaming, and other related technologies. Valued at a market cap of $17.8 billion, the company focuses on innovation, cost efficiency, and recurring revenue from supplies while maintaining a strong presence in both consumer and commercial markets.
This tech company has notably lagged behind the broader market over the past 52 weeks. Shares of HPQ have declined 40.5% over this time frame, while the broader S&P 500 Index ($SPX) has gained 15.4%. Moreover, on a YTD basis, the stock is down 13%, compared to SPX’s 1.8% return.