With delays in office-reopening plans, enterprises are planning to strengthen their remote workforces. So, the computer hardware industry has been witnessing significant demand. Furthermore, the ongoing digital transformation is driving the need for computer hardware. The global computer hardware market is expected to grow at a 6% CAGR to $1.18 trillion by 2025. So, both HPQ and LOGI should benefit.
But while LOGI’s shares have declined 15% in price over the past nine months, HPQ surged 8.9%. In terms of their past year’s performance, HPQ is a clear winner with 45.9% gains versus LOGI’s 15% returns. But which of these stocks is a better pick now? Let’s find out.