By Ghazal Ahmed
Publication Date: 2026-01-03 12:05:00
Hewlett-Packard Enterprise Company (NYSE:HPE) is one of the Best AI Stocks to Buy Under $50. In recent months, HPE has achieved several key milestones. The company completed its acquisition of Juniper Networks, divested its Telco-Solutions unit and confirmed plans to sell its remaining 19% stake in H3C for an estimated $1.4 billion.
The acquisition of Juniper Networks, Inc., a leader in AI-native networking, was completed in July; position HPE to capitalize on the growing AI and hybrid cloud landscape by creating an industry-leading AI-powered and cloud-native IT portfolio.
The transaction also doubles the size of HPE’s networking business, offering customers a comprehensive portfolio of networking solutions.
On December 19, Bernstein SocGen Group maintained its “Market Perform” rating on the stock with a price target of $24.00. Previously on December 15, Wells Fargo analyst Aaron Rakers today maintained a Hold rating on Hewlett Packard Enterprise and…