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Barchart
Barchart
Ruchi Gupta

This AI Hardware Stock is Now a Buy, Says Wall Street

HPE Hewlett Packard Enterprise

Hewlett Packard Enterprise Co. (HPE) is an IT company that provides its users with intelligent solutions and cloud-based services. HPE's list of services includes storage devices, customized financial solutions, cloud service-based products, networking products, and more. The company’s list of clients includes large enterprises, both public and private, small and medium-sized enterprises, and financial, healthcare, manufacturing, and telecommunication companies.

Headquartered in Spring, Texas, HPE separated from HP (HPQ) nearly nine years ago. Valued at $26.17 billion by market cap, shares of Hewlett Packard Enterprise have gained 20.5% on a year to date basis, keeping pace with the performance of the broader S&P 500 Index ($SPX).

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