2024-06-24 17:52:16 ET
Summary
- Shares of Seagate Technology have gained momentum amid an improving outlook for the mass-capacity HDD market.
- Growth and earnings are expected to accelerate through next year.
- The stock has room to reclaim its all-time high.
Shares of Seagate Technology Holdings plc ( STX ) have gained momentum since the company's latest quarterly results. The stock is up nearly 70% over the past year, benefiting from a rebound in earnings....
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Seagate Technology Stock: AI Data Demand Can Push Shares To An All-Time High