HP Inc (NYSE:HPQ) Poised to Grow in 2017

Hewlett Packard Inc (NYSE:HPQ) has started showing signs of life after the reinvigoration of the PC market and printing business. The company posted better than expected second quarter results. Hewlett Packard Inc (NYSE:HPQ) reported a 6% increase in its printing hardware business. The printing industry is lucrative for Hewlett Packard as margins are huge in the segment. Hewlett Packard Inc (NYSE:HPQ) is also betting on the 3D printing market.

The company recently launched a platform to develop materials and low-cost feedstock. Hewlett Packard ’s laptop sales increased by a whopping 17% in the second quarter. Several analysts have a “Buy” rating on the stock, including UBS and BofA/Merrill Lynch.