Hewlett Packard Enterprise

’s

HPE

Aruba Networks recently announced that

Walt Disney Company

’s

DIS

entertainment resort complex, Walt Disney World Resort, is using the company’s advanced infrastructure to offer guests a first-of-its-kind vacation experience with Star Wars: Galactic Starcruiser.

Disney’s Star Wars: Galactic Starcruiser is a unique and immersive two-night adventure that makes guests the heroes of their own stories, where they see, feel, and live Star Wars engaging in missions, sampling exotic cuisine, and taking a planet excursion to Batuu. Opened in March 2022, the Star Wars: Galactic Starcruiser adventure provides guests a customizable experience.

Hewlett Packard’s fast-growing networking business arm, Aruba’s advanced infrastructure with location-ready indoor and outdoor wireless access points, switches and ClearPass delivers a realistic, secure and connected experience to the guests, enabling them delve intensely into the two-night Disney adventure. Aruba’s User Experience Insight (UXI) incident detection and machine learning solution will aid the DIS resort operators to identify problems and resolve issues quickly. UXI enhance end-user experience on a network by proactively monitoring, troubleshooting, and addressing application and network performance issues.

Earlier in 2019, Walt Disney Resort had leveraged Aruba’s Wi-Fi infrastructure for 29 of its resort properties to offer improved hotel experiences to resort guests. This enhanced operational efficiency of the resort in guest services, housekeeping and maintenance management.

Hewlett Packard’s strategic plan of investing $4 billion through 2022 in artificial intelligence, industrial internet of things and distributed computing will continue to boost revenues in the long run. The company has linked these businesses to Aruba Networks to diversify its business from server and hardware storage markets.

HPE has been benefiting from strong executions in clearing backlogs, improved supply chain and increased customer acceptance. The company’s efforts to shift focus to higher-margin offerings like Intelligent Edge and Aruba Central Hyperconverged Infrastructure are aiding its bottom-line results. However, execution challenges faced by the company in Intelligent Edge segment around Aruba sales are hurting its top-line growth.

Zacks Rank & Key Picks

Currently, Hewlett Packard and Walt Disney Company both carry a Zacks Rank #5 (Strong Sell). Shares of HPE have gained 12.3% while that of DIS plunged 36.5% in the past year.

Some better-ranked stocks from the broader

Computer and Technology

sector are

Celestica


CLS

and

Fabrinet


FN

. While Celestica sports a Zacks Rank #1 (Strong Buy), Fabrinet has a Zacks Rank #2 (Buy). You can see


the complete list of today’s Zacks #1 Rank stocks here


.

The Zacks Consensus Estimate for Celestica’s fourth-quarter 2022 earnings has increased by 9 cents to 53 cents per share over the past 60 days. For 2022, earnings estimates have risen 16 cents to $1.86 per share in the past 60 days.

CLS’ earnings beat the Zacks Consensus Estimate in all the preceding four quarters, the average surprise being 11.8%. Shares of the company have increased 5% in the past year.

The Zacks Consensus Estimate for Fabrinet’s second-quarter fiscal 2023 earnings has been revised 16 cents northward to $1.89 per share over the past 60 days. For fiscal 2023, earnings estimates have improved by 7.6% to $7.48 per share in the past 60 days.

FN’s earnings beat the Zacks Consensus Estimate in three of the preceding four quarters and missed the same once, the average surprise being 5.4%. Shares of the company have risen 11.4% in the past year.

Free Report Reveals How You Could Profit from the Growing Electric Vehicle Industry

Globally, electric car sales continue their remarkable growth even after breaking records in 2021. High gas prices have fueled his demand, but so has evolving EV comfort, features and technology. So, the fervor for EVs will be around long after gas prices normalize. Not only are manufacturers seeing record-high profits, but producers of EV-related technology are raking in the dough as well. Do you know how to cash in?  If not, we have the perfect report for you – and it’s FREE! Today, don’t miss your chance to download Zacks’ top 5 stocks for the electric vehicle revolution at no cost and with no obligation.

>>Send me my free report on the top 5 EV stocks

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.

Click to get this free report

To read this article on Zacks.com click here.

Zacks Investment Research