Analyst Erik Woodring calls Seagate stock $STX as "too attractive to ignore" - despite the company often being overlooked in the context of fast-growing tech titles (AI, cloud, cybersecurity). Reasons:
Valuation: shares of $STX trade at just 7.5 times forward EPS, which is low even in the context of value tech companies
Analyst Erik Woodring called Seagate stock "too attractive to ignore" - despite the company often being overlooked in the context of fast-growing technology titles (AI, cloud, cybersecurity). Reasons:
Valuation: shares of $STX trade at just 7.5 times forward EPS, which is low even in the context of value tech companies
Demand for storage will grow with the rise of AI, edge... Read more
It doesn't look bad at all, so I'm adding it to the watchlist.