13 Best Edge Computing Stocks to Buy According to Hedge Funds

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7. Hewlett Packard Enterprise Company (NASDAQ:HPE)

Number of Hedge Fund holders: 66

Hewlett Packard Enterprise Company (NASDAQ:HPE) is a global tech company that helps businesses collect, understand, and use data from the edge to the cloud. It helps customers grow by improving how they work, serve their clients, and run operations. HPE offers an edge-to-cloud platform, mainly through HPE GreenLake, which delivers cloud services on demand. This helps customers modernize their IT and gain more value from their data—whether it’s in the cloud, in a data center, or at the edge. The company also provides high-performance servers, networking tools, and financial services to help businesses access the tech they need.

On April 8, Hewlett Packard Enterprise Company (NASDAQ:HPE) unveiled a new virtual private cloud along with on-premises deployment options for its Aruba Networking Central, to provide clients with flexible and secure networking solutions. HPE is also poised to take over Juniper Networks, which is likely to accelerate its edge-to-cloud vision.  The company recently reported its Q1 2025 results. The company’s revenue for the quarter grew a solid 16.1% year-over-year to $7.81 billion. Net income grew 67% year-over-year to $627 million.

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