HomeTechElectronicsLow PC Demand Chips Away HP Inc (HPQ) Stock

Low PC Demand Chips Away HP Inc (HPQ) Stock

HP Inc (HPQ) is today's Under 30 stock. George Tsilis joins Alex Coffey and Jenny Horne to discuss HPQ as Evercore ISI downgraded it to in line from outperform. They talk about how HPQ will follow chip manufacturers like Micron (MU) because chips are required for PC's. They also go over how HPQ is decelerating its share buyback program. They then note that PC headwinds could get worse as the economy slows. Finally, they mention that income investors could still find HPQ compelling. Tune in to find out more.

Next Gen Investing

05 Jul 2022

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