Top 10 AI and Technology Stocks to Buy According to Analysts

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7. Hewlett Packard Enterprise Company (NYSE:HPE)

Number of Hedge Fund Holders: 45

Average Upside Potential: ~11.3%

Hewlett Packard Enterprise Company (NYSE:HPE) is one of the Top 10 AI and Technology Stocks to Buy According to Analysts. On June 26, KeyBanc analyst Brandon Nispel began coverage of the company’s stock with a “Sector Weight” rating, as reported by The Fly. The firm opines that Hewlett Packard Enterprise Company (NYSE:HPE) is strategically poorly positioned. Furthermore, the company has underperformed with respect to growth in Servers while margins continue to compress. KeyBanc ended by saying that Hewlett Packard Enterprise Company (NYSE:HPE)’s business appears to be an underperformer as compared to peers, which makes the stock fairly valued.

On June 28, Hewlett Packard Enterprise Company (NYSE:HPE) and Juniper Networks, Inc. announced that they have reached an agreement with the U.S. Department of Justice that, subject to court approval, resolves the lawsuit challenging the company’s acquisition of Juniper, clearing the way for the transaction to close. The customers will have a modern network architecture alternative, which can support the demands of AI workloads. Notably, the combination of HPE Aruba Networking and Juniper Networks is expected to offer customers a comprehensive portfolio of secure, AI-native networking solutions and ramp up Hewlett Packard Enterprise Company (NYSE:HPE)’s ability to grow in the AI data center, service provider, and cloud segments.

Hewlett Packard Enterprise Company (NYSE:HPE) provides the high-performance computing, cloud platforms, and software required to run and scale AI workloads.  

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