5 3D Printing Stocks Hedge Funds Like

3. HP Inc. (NYSE:HPQ)

Number of Hedge Funds: 34

HP Inc. (NYSE:HPQ) is an American information technology company and is the world’s second-largest computer vendor. As of 2021, the company is ranked at 56 among the Fortune 500 companies. HP Inc. (NYSE:HPQ) started its 3D printing solutions operations in 2016; before that the company primarily focused on personal computers and printers.

On November 24, Evercore ISI analyst Amit Daryanani raised the company’s price target from $35 to $40 and kept an Outperform rating on its shares.

In December, the stock surged to its 52-week high. The company posted strong third-quarter results that surpassed expectations, and showed growing strength in the company’s PC sales.