HP (HPQ) at Morgan Stanley Conference, Responding to Challenges

HP Inc. (NYSE:HPQ) is 1 of the 11 Best Tech Stocks Under $50 to Buy Now. On March 2, HP Inc. (NYSE:HPQ) took portion successful the Morgan Stanley Technology, Media & Telecom Conference 2026, wherever CFO Karen Parkhill discussed the company’s strategy and however it is dealing with existent challenges.

The institution reported a beardown Q1 2026, with gross rising 7% and EPS coming successful astatine the precocious extremity of the guidance. However, HP Inc. (NYSE:HPQ) is facing higher representation costs and weaker request for units. To woody with this, the institution is pursuing a mitigation program that includes securing proviso and raising prices.

Ken Wolter / Shutterstock.com

Additionally, HP Inc. (NYSE:HPQ) is focusing connected semipermanent maturation by investing successful AI PCs, unafraid printers, and subscriptions. AI PCs made up 35% of shipments successful the latest quarter, up from 30% and 25% successful the erstwhile quarters. This shows dependable maturation successful this segment.

CFO Karen Parkhill besides pointed retired that the company’s AI-enabled outgo savings programme aims to present $1 cardinal successful savings by fiscal twelvemonth 2028, with $300 cardinal expected successful fiscal twelvemonth 2026.

At the aforesaid time, Parkhill confirmed that HP Inc. (NYSE:HPQ) is presently searching for a caller CEO and is looking for idiosyncratic with acquisition successful large, global, multi-segment businesses. Parkhill besides noted that HP Inc. (NYSE:HPQ) has returned astir $19 cardinal to shareholders implicit the past 5 years and is focused connected delivering escaped currency travel and returning each of it to shareholders.

HP Inc. (NYSE:HPQ) is an American multinational exertion institution that is known for its AI-powered devices, software, subscriptions, and services that service professionals and businesses.

While we admit the imaginable of HPQ arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 12 Best Under-the-Radar Stocks to Buy According to Hedge Funds and 10 Best Stocks Under $20 to Buy According to Hedge Funds.

Disclosure: None. Follow Insider Monkey connected Google News.