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Speak now, or forgo a chance to earn an out-sized gain during the current economic expansion with Seagate Technology (STX), which is why I'm reiterating my buy rating for the company's shares, first recommended on July 8, 2009, at a price of $9.50. If you bought STX in July 2009, you're up an impressive 97%.

The buy rating in July 2009 for hard disc drive manufacturer Seagate was based largely on the company's demonstrated business model, and the calculation that traditional, desktop, bulky PCs will dominate the computer market, led by office purchases, for the next 3-5 years, despite the steady market share increase in mobile devices and platforms. The mobile cubicle may be on the rise, but the office cubicle isn't disappearing.

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Seagate's Train Is Leaving the Station originally appeared on BloggingStocks on Tue, 05 Jan 2010 17:20:00 EST. Please see our terms for use of feeds.

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