We recently compiled a list of the 10 Best Information Technology Services Stocks to Buy. In this article, we are going to take a look at where Hewlett Packard Enterprise Company (NYSE:HPE) stands against the other information technology services stocks. Information technology (IT) services are a key component of the broader IT market, which also […]
The tech sector is pulling stock markets (^DJI, ^IXIC, ^GSPC) lower following underwhelming reports from Magnificent Seven tech stocks. Harvest Portfolio Management CIO and partner Paul Meeks comes on Catalysts to share his perspective on the current market rotations. Meeks reveals he's refraining from buying tech stocks at the moment. While he remains "pretty comfortable with the continued AI infrastructure building names," he acknowledges that regardless of fundamental performance, stock prices could still decline. "So what I am doing is I have a prohibition on buying [tech stocks] at least till we get through next week's reports," he explains. In terms of specific investments, Meeks highlights several AI infrastructure plays, including Nvidia (NVDA), Advanced Micro Devices (AMD), Dell (DELL), Hewlett Packard Enterprise (HPE), and Super Micro Computer (SMCI). However, for other AI-related companies, he emphasizes the need to see "more use cases" before gaining confidence in investing. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
HOUSTON, July 23, 2024--Hewlett Packard Enterprise (NYSE: HPE) today named Jennifer Temple as Executive Vice President and Chief Marketing & Communications Officer (CMCO), effective August 1, 2024. Temple joined HPE in 2018 as Chief Communications Officer and brings more than 30 years of reputation and brand-building expertise to this expanded role.