HPQ Stock Price Prediction: Reliable Printing Business, Low Valuation, and Decent Dividends Make HP, Inc. A Buy
The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.
HPQ Stock Price Prediction
Summary:
- HP, Inc. makes most of its profits from its printing business, not PC sales.
- Investors should always give more weigh on how the printing industry is doing rather focus too much on quarterly PC sales performance.
- HPQ is a consistent dividend payer and has strong history of doing share buybacks.
- Compared to its sector and industry peers, HP Inc. is still relatively undervalued
- My 10 Year EBITDA EXIT DCF Valuation model shows HPQ has 38% upside potential.