HP Inc (NYSE:HPQ) investors have reacted favorably to IDC’s news that the traditional PC shipment recorded 0.6% percent growth in the first quarter. This is undoubtedly a positive news since the PC shipment turned into positive for the first time after the first quarter of 2012. Therefore, this will be positive for other companies like Intel Corporation (NASDAQ:INTC), Microsoft Corporation (NASDAQ:MSFT), Advanced Micro Devices, Inc. (NASDAQ:AMD), Western Digital Corp (NASDAQ:WDC) and Seagate Technology PLC (NASDAQ:STX). These companies gain from the improved PC market either directly or indirectly.

HP Inc (NYSE:HPQ) continued to enjoy a leadership position in PC shipment with a market share of 21.8 percent in first quarter compared to 19.4 percent in the year-ago period. During the period, its unit shipments jumped 13.1 percent to 13.143 million units from 11.621 million units in the corresponding period of last year.

Apple Inc. (NASDAQ:AAPL), which is placed in the fourth position, could improve its share to 7.0 percent from 6.7 percent by shipping 4.2 million units compared to 4.036 million units in the previous year period. Dell is another firm that recorded a 6.2 percent growth in unit shipments to 9.57 million and placed third. The second placed Lenovo could ship 12.32 million units to have 20.4 percent share, up from 20.2 percent in the prior year period.

According to IDC, traditional PCs shipments reached 60.3 million units in the March quarter representing 0.6 percent growth over the prior year. This is in contrast to the first quarter of 2016 that witnessed a drop of 1.8 percent in PC shipments.

Commenting on the shipments, IDC PCD Tracker research manager, Jay Chou, stated, “The traditional PC market has been through a tough phase, with competition from tablets and smartphones as well as lengthening lifecycles pushing PC shipments down roughly 30% from a peak in 2011. Nevertheless, users have generally delayed PC replacements rather than giving up PCs for other devices. The commercial market is beginning a replacement cycle that should drive growth throughout the forecast. Consumer demand will remain under pressure, although growth in segments like PC Gaming as well as rising saturation of tablets and smartphones will move the consumer market toward stabilization as well.”

Improved PC shipments meant others connected with it would also stand to gain. Therefore, it is worth watching the following stocks: