Hewlett Packard Enterprise Co (NYSE:HPE) is one of the best stocks to buy according to David Greenspan’s Slate Path Capital.
HPE stock has gained more than 80% year-to-date and more than doubled over the past year
Analysts see more upside potential in the stock, projecting a 50% rise from the current level. Some 58 hedge funds are backing HPE stock. Hewlett Packard Enterprise Co (NYSE:HPE) is expanding the market reach of its networking business following its acquisition of Juniper Networks.
On June 30, HPE’s technology distributor, ScanSource, said that it was adding Juniper products to the portfolio of HPE networking solutions it distributes. ScanSource has been helping HPE to get a wide variety of its products to the market. It is a foundational channel partner that has been distributing HPE Aruba networking products across the US for nearly two decades.