Hewlett-Packard Stock Prediction: Buying Samsung’s Printer Business Fortified Hewlett-Packard’s Leadership
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.
Hewlett-Packard Stock Prediction
Summary:- Hewlett-Packard is already a leader in home, office, large-format, and short-run production printers.
- The $1.05 billion buy-out of Samsung’s printer business will only strengthen HP’s leadership in printers.
- The purchase includes taking ownership of Samsung’s 6,500 patents on printers and printing. Samsung’s printer business will help Hewlett-Packard improve its laser printer product portfolio.
- The shift to continuous ink supply system will also help compete better with the inkjet printers of Epson, Brother, and Canon.
- Hewlet-Packard has strong buy signals based on its stock’s algorithmic forecasts from I Know First.