The Latest Breaking News from LNVGY

Increased digital transformation initiatives and adoption of emerging technologies are expected to boost the technology industry's long-term growth prospects. Amid this backdrop, investors could consider buying fundamentally strong tech stocks Lenovo Group (LNVGY), Viavi Solutions (VIAV), and Stratasys (SSYS). Read more.

The tech industry is poised for significant growth, driven by the swift digitization of business operations and the widespread adoption of cutting-edge technologies. Given this backdrop, let’s assess the investment opportunities in tech stocks Lenovo Group (LNVGY), EchoStar (SATS), and Xerox Holdings (XRX). Read more….

The current market uncertainties around inflation and interest rate increases have fostered widespread bearish sentiment. However, the market sell-off has caused the stocks of quality technology companies Micron Technology (MU), Perion Network (PERI), Lenovo Group (LNVGY), Telefonaktiebolaget LM Ericsson (ERIC), and Diodes (DIOD) to trade at discounted valuations. So, we…

Lenovo Group Ltd (OTC:LNVGY) reported fourth-quarter FY21/22 revenue growth of ~7% year-on-year to $16.69 billion, below the consensus of $17.36 billion. SSG revenue grew 28% and improved its operating margin by more than 1 point Y/Y.  ISG sustained its profitability. IDG improved its operating margin Y/Y. It marked Lenovo's slowest growth in seven…

Tech stocks suffered a brutal selloff last month. However, the rout provides an excellent opportunity to invest in fundamentally sound stocks at attractive valuations. Furthermore, the computer hardware industry is expected to maintain its growth trajectory in the coming months due to increased IT hardware investments and spending amid continuing…

The continuing hybrid working trends and rapid digitization across businesses are expected to bolster the growth of the computer hardware industry. In addition, rising investments in smart-city projects around the globe could further fuel the overall demand for computer hardware. Therefore, fundamentally strong computer hardware stocks Toshiba (TOSYY), Lenovo Group…

The computer hardware industry has been under pressure so far this year due to the Fed's hawkish tilt and geopolitical tensions, including the Russia-Ukraine war. Nonetheless, we think it could be profitable to invest in fundamentally solid computer hardware companies HP (HPQ), Western Digital (WDC), and Lenovo Group (LNVGY) on…

Lenovo Group Ltd (OTC:LNVGY) reported third-quarter FY21 revenue growth of 17% year-on-year to $20.13 billion, beating the consensus by $1.47 billion. Premium PC segments delivered high growth. Workstation revenue grew 40% Y/Y, and gaming revenue rose 27% Y/Y. Smartphones maintained a healthy profit for the seventh consecutive quarter, with revenue growth of 46%…

The computer hardware market is expected to thrive as organizations continue to create remote IT setups for their employees. Shares of data storage devices and solutions provider Western Digital (WDC) garnered significant investors’ attention but may not have any further upside left due to the company’s weak near-term prospects. Instead,…