Seagate Technologies posts

Feed

Seagate's Train Is Leaving the Station

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.

Continue reading Seagate's Train Is Leaving the Station

Symbol Lookup
IndexesChangePrice
DJIA-74.9212,454.83
NASDAQ-1.852,837.53
S&P 500-2.861,317.82

Last updated: May 27, 2012: 06:32 PM

Hot Stocks

General Electric

19.20-0.05(-0.26)

Alcoa

8.630.00(0.00)

Apple Inc

562.29-3.03(-0.54)

Google Inc 'A'

591.53-12.13(-2.01)

Bank of America

7.15+0.01(+0.14)

Wal-Mart Stores

65.31+0.24(+0.37)

Exxon Mobil Corp

82.08-0.53(-0.64)

Ford

10.60+0.01(+0.09)

Citigroup

26.47-0.19(-0.71)

IBM

194.30-1.79(-0.91)

Yahoo

15.36+0.01(+0.07)

Starbucks

54.56-0.20(-0.37)

Microsoft

29.06-0.01(-0.03)

Home Depot

49.44-0.27(-0.54)

DailyFinance Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

Page Loaded in 1338157978625 ms.