Stock Finds: Seagate Technology Holdings (STX)

My $60 dollar high school Western Digital hard drive crashed days after buying it at Wally World.

Local Overview

Device storage has been a topic of contention in my life for a while. Given a DSLR from back in high school and a photojournalist background (for a time)... I have a lot of things to store away. Mind you... I was alive when 1GB SD cards were expensive as hell and common sizes were 64mb and 128mb SD cards were popular for point and shoots.

Financials

Seagate Technology Holdings (STX) had appeared in one of Joseph Hough's videos and I noted it as a stock to buy. Purchased a few shares earlier this year and low and behold the stock is up 127% year to date... thank you Joseph and the AI revolution. The dividend is 1.46% annually. The PE ratio is 29.07 with an EPS of 6.77 @ post and there's an estimated 1y target of $80 to $215 by analysts... so in my opinion no one is really sure how this will perform long term. They might just be riding the coat tails of the AI revolution. For more information, check out Yahoo Finance.

The insider selling shows a lot of yellow and red, so this could be a sign of people cashing out before the impending crash. This is AI, after all.

I'm going to deem this stock short term gain that's about to reverse based on its competitors' history (Western Digital Corp WDC).


---
Post Your Thoughts about STX on the Forum @Money Game

Related Articles

CRH plc (CRH)

While driving around town, I noticed Montrose was under construction.
rollock
June 2, 2025 at 7:28 AM
1

Stock Finds: John Deere (DE)

While having a conversation with some coworkers. We landed on the topic of farming and John Deere. I looked up the stock ticker and holy returns batman!
rollock
June 7, 2025 at 5:51 PM
0