Hewlett Packard Enterprise Co (HPE) Broadens ScanSource Deal. Juniper In Focus

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. ScanSource said it would distribute Juniper products through its Launch Point program, which provides marketing strategies and sales support.

HPE's networking portfolio includes an AI-enabled platform for managing wireless, wireline, and software-defined networks.

Texas-based Hewlett Packard Enterprise Co (NYSE:HPE) is a global technology company that provides a broad array of enterprise-grade solutions. It provides IT infrastructure, cloud computing, AI deployment, storage, and networking solutions to businesses and governments.

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READ NEXT: Top 10 AI Stocks to Buy According to Billionaire Philippe Laffont and 10 Best Dividend Stocks Yielding at Least 5% to Buy According to Hedge Funds .

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