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Palo Alto, California-based HP Inc. (HPQ) provides personal computing and other digital access devices, imaging and printing products, and related technologies, solutions, and services. Valued at a market cap of $30.5 billion, the company operates through three segments: Personal Systems, Printing, and Corporate Investments.
Shares of this computer hardware company have lagged behind the broader market over the past 52 weeks. HPQ has gained 11.6% over this time frame, while the broader S&P 500 Index ($SPX) has soared 20.9%. Moreover, on a YTD basis, the stock is down 1.9%, compared to SPX’s 1.9% rise.