9 Best Growth Stocks Under $30 to Buy

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1. Hewlett Packard Enterprise Company (NYSE:HPE)

Share Price as of September 16: $24.46

Number of Hedge Fund Holders: 60

Hewlett Packard Enterprise Company (NYSE:HPE) is one of the best growth stocks under $30 to buy. On September 16, Bernstein initiated coverage of Hewlett Packard Enterprise with a Market Perform rating and $24 price target. Prior to this announcement, the company released its Q3 2025 earnings report, where the company’s total revenue reached $9.1 billion, which was an increase of 18% year-over-year.

This growth was fueled by momentum in AI, networking, and hybrid cloud. A major highlight was the completed acquisition of Juniper Networks, which is expected to drive cost synergies of ~$600 million over the next 3 years. The Networking segment, now including Juniper Networks, made a revenue of $1.7 billion, which marked a 54% increase year-over-year.

The Server segment achieved revenue of $4.9 billion, which was up 16%. The Hybrid Cloud segment’s revenue was $1.5 billion, which was up 11%, marking its fourth consecutive quarter of year-over-year top-line growth. Furthermore, ARR grew to $3.1 billion, which was a 75% rise. In contrast, the Financial Services segment’s revenue of $886 million was down 1%.

Hewlett Packard Enterprise Company (NYSE:HPE) provides solutions that allow customers to capture, analyze, and act upon data seamlessly.

While we acknowledge the potential of HPE to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than HPE and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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