Eight hedge funds recently added the shares of this tech company to their holdings. And six analysts have increased their 2016 earnings forecasts for the company.
Hewlett Packard Enterprise Company (HPE)
From The Chartist
Our models were in a bullish mode before the recent rally and remain so at the present time. Our advice for both long-term investors and traders is to stay fully invested.
Hewlett Packard Enterprise Company (HPE) is a provider of technology solutions. The company operates through five segments: Enterprise Group, software, Enterprise Services, Financial Services and Corporate Investments. The Enterprise Group segment provides its customers with the technology infrastructure they need to optimize traditional information technology (IT).
The Software segment allows its customers to automate IT operations to simplify, accelerate and secure business processes and drives the analytics that turn raw data into actionable knowledge. The Enterprise Services segment brings all of its solutions together through its consulting and support professionals.
The Financial Services segment enables flexible IT consumption models, financial architectures and customized investment solutions for its customers. The Corporate Investments segment includes Hewlett Packard Labs and certain business incubation projects, among others.
Dan Sullivan, The Chartist, www.thechartist.com, 900-942-4278, December 1, 2016