Elliott Management takes a stake in Hewlett Packard Enterprise. How the firm may create value
1. HPE is undervalued, trading at less than 5-times EBITDA compared to peers. 2. Elliott Investment Management is actively involved, owning ~7.4% of HPE. 3. Acquisition of Juniper Networks is uncertain, complicating market confidence. 4. HPE's Intelligent Edge unit could enhance profitability significantly. 5. Geopolitical risks favor HPE due to its manufacturing base in Mexico.