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Valued at a market cap of around $33 billion, California-based HP Inc. (HPQ) is a prominent technology company specializing in personal computing, imaging, and printing solutions. The company delivers a broad spectrum of products and services to individual consumers, businesses, and government entities globally.
Shares of this personal computer and printer maker have significantly underperformed the broader market over the past 52 weeks. HPQ has gained 3.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 18.5%. In 2024, HPQ's shares have climbed 12.1%, mirroring SPX's YTD gains.