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HP Unwraps Enhanced Product Line at CES to Serve Client Needs

HP (HPQ) rolls out innovative products at CES 2020 to cater to the growing customer requirements. Read More...

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Technology giant HP Inc. HPQ rang in the New Year with the launch of its latest array of PCs, displays and accessories at the Consumer Electronics Show (CES) conducted by the Consumer Technology Association.” data-reactid=”11″>Technology giant HP Inc. HPQ rang in the New Year with the launch of its latest array of PCs, displays and accessories at the Consumer Electronics Show (CES) conducted by the Consumer Technology Association.

Reportedly, the new line of consumer and commercial products will provide faster access and enable users to work more securely and access content from everywhere.

Talking at the event, Alex Cho, president, Personal Systems, HP, stated: “As the PC becomes increasingly relevant, HP continues delivering amazing devices, and display and accessory innovations that deliver both performance and lightness, durability and design, and mobility and privacy.”

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Let’s Delve Deeper” data-reactid=”14″>Let’s Delve Deeper

HP unveiled the first notebook with 5G connectivity in the market. The laptop is the second-generation HP Elite Dragonfly with built-in Tile tracker that sends alerts to users when the device is misplaced or lost. Further, it is the first device to be made with ocean-bound plastic material, having more than 82% of the mechanical parts fashioned out of recycled materials.

Additionally, the company launched a redesigned HP Spectre x360 15, making it its most powerful 15-inch convertible. This Spectre can be powered by up to 10th Gen Intel INTC Core i7processor with NVIDIA NVDA GeForce graphics. The device which packs a 15.6-inch 4K OLED display or 4K IPS display promises a battery life of up to 17 hours and nearly three times faster file transfer speed with Wi-Fi 6 connectivity.

Further, for security and privacy purposes, the device comes with the HP Webcam Kill Switch, a dedicated mute mic button, a fingerprint reader, Express VPN and LastPass.

HP also announced the new Envy 32 All-in-One desktop, which is the first all-in-one PC with Nvidia GeForce RTX graphics.

Moreover, two docking displays, namely E24d G4 and E27d G4 Advanced Docking Monitors, were introduced. These also offer Sing Power On so that users can power on or off the display, PC, keyboard and mouse, all with a single button.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="HP Inc. Revenue (TTM)” data-reactid=”20″>HP Inc. Revenue (TTM)

HP Inc. Revenue (TTM)

HP Inc. revenue-ttm | HP Inc. Quote

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="What This Holds for HP” data-reactid=”33″>What This Holds for HP

HP is making no less effort to boost its business. The company’s strategy to engage in product innovations and differentiation for stabilizing the top line is noteworthy.

Notably, the modern-day staff demands flexibility to work from anywhere. Per the company, 34% U.S. workers would take a pay cut of up to 5% to perform their tasks remotely. HP’s focus to meet the buoyancy in demand for security and mobility is commendable.

The company’s commitment to environmental sustainability by making laptops using ocean-bound plastic is praiseworthy.

We believe, such initiatives of HP will help it maintain its leading position in the market. Per Gartner and IDC, in the third quarter of 2019, the company held the second spot among the worldwide PC vendors, driven by strong growth across key geographies. Notably, it achieved 4.6% growth year over year, marking the second highest level among all PC vendors in shipped units during the quarter, per IDC.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Zacks Rank and Another Key Pick” data-reactid=”38″>Zacks Rank and Another Key Pick

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Currently, HP has a Zacks Rank #2 (Buy). Another top-ranked stock in the broader technology sector is Baidu BIDU, flaunting a Zacks Rank #1 (Strong Buy). You can see&nbsp;the complete list of today’s Zacks #1 Rank stocks here.” data-reactid=”39″>Currently, HP has a Zacks Rank #2 (Buy). Another top-ranked stock in the broader technology sector is Baidu BIDU, flaunting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Baidu’s long-term earnings growth rate is currently pegged at 2.3%.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Just Released: Zacks’ 7 Best Stocks for Today” data-reactid=”41″>Just Released: Zacks’ 7 Best Stocks for Today

Experts extracted 7 stocks from the list of 220 Zacks Rank #1 Strong Buys that has beaten the market more than 2X over with a stunning average gain of +24.6% per year.

These 7 were selected because of their superior potential for immediate breakout.

See these time-sensitive tickers now >>

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
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HP Inc. (HPQ) : Free Stock Analysis Report
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Intel Corporation (INTC) : Free Stock Analysis Report
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To read this article on Zacks.com click here.
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Zacks Investment Research” data-reactid=”45″>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
HP Inc. (HPQ) : Free Stock Analysis Report
 
Baidu, Inc. (BIDU) : Free Stock Analysis Report
 
NVIDIA Corporation (NVDA) : Free Stock Analysis Report
 
Intel Corporation (INTC) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research

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