Hewlett Packard Enterprise Co.’ s Meg Whitman, who has been working to transform the company into a more efficient corporate-technology provider, is being thwarted by rising supply costs and aggressive cloud rivals.
Category: Meg Whitman
Cramer: HPE’s Pullback Is Just a ‘Bump in the Road’
Hewlett Packard Enterprises has seen its share price stumble recently on foreign-exchange concerns and two stalled spin-offs, but Jim Cramer calls the stock’s pullback a mere “bump in the road.” HPE has fallen some 8% from nearly $25 a share in early December to around $22.75 today.