![]() Hewlett Packard linked these businesses to its fast-growing networking business arm – Aruba Networks. The company’s strategic plan of investing $4 billion in AI, the industrial Internet of Things and distributed computing will boost its revenues in the long run. ![]() Some of HPE’s notable buyouts in the hybrid IT space are SimpliVity and Cloud Technology Partners. Before that, the acquisitions of Cray and MapR in 2019 strengthened its capabilities in high-performance computing and data analytics platforms. The acquisition of the software-defined wide area network leader, Silver Peak, in 2020 strengthened the company’s Aruba Edge Services platform. In 2021, Hewlett Packard acquired four businesses - Ampool, Zerto, Determined AI and CloudPhysics - which have expanded its capabilities and product portfolios in the fast-growing cloud space, including software-defined networks and converged and hyper-converged infrastructure. Hewlett Packard has been pursuing acquisitions to focus more on high-margin hybrid IT models that leverage on-premises and cloud-computing power. HPE’s target of saving at least $800 million annually by fiscal 2022-end through a cost optimization plan is an upside. Its efforts to shift its focus to higher-margin offerings like Intelligent Edge and Aruba Central Hyperconverged Infrastructure are aiding its bottom-line results. Hewlett Packard has been benefiting from strong executions in clearing backlogs, an improved supply chain and increased customer acceptance. With a year-to-date gain of 0.2%, HPE shares have outperformed the broader U.S. In the current scenario, investors can look for stocks with strong fundamentals that can stay afloat and grow once the impact of the aforementioned uncertainties cools off.Ĭonsidering Hewlett Packard’s resilience against the ongoing macroeconomic and geopolitical uncertainties and its strong fundamentals, it is wise to continue investing in the stock for further gains. However, this volatility has created buying opportunities for investors. ![]() The aforementioned global macroeconomic and geopolitical uncertainties are likely to continue weighing on investors’ sentiments, which can result in more volatility in the U.S. The aforementioned factors have led to a massive sell-off in the stock market, with the Dow Jones Industrial Average, Nasdaq Composite and S&P 500 plunging 4.7%, 9.2% and 5.1%, respectively, on a year-to-date basis. The ongoing Russia-Ukraine war has further increased worries for investors about global economic recovery. equity market has been witnessing severe volatility on increasing crude oil prices and rising inflation concerns. Adding Hewlett Packard Enterprise Company HPE to your portfolio seems a wise idea amid the current macroeconomic and geopolitical uncertainties, given the strength of its fundamentals and solid prospects. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |