Is HP Stock a Buy?
HP's (NYSE: HPQ) stock has declined nearly 10% over the past three years as the S&P 500 has rallied nearly 40%. HP struggled as its relatively stable PC sales were offset by declining sales of printers and printing supplies. The resignation of CEO Dion Weisler, a failed hostile takeover bid by Xerox (NYSE: XRX), and COVID-19 disruptions also kept the bulls away.