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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.
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Seagate (STX), as part of its Circularity Program, is looking to lower hard drive shredding and boost the reuse of storage devices.
FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX), a leading innovator of mass-capacity data storage, announced its sustainability collaboration with e-commerce site eBay. The agreement establishes Seagate's official storefront on eBay as a direct channel for consumers to access factory-recertified hard drives as part of the Seagate Circularity Program. As a founding member of the Circular Drive Initiative—a partnership of global leaders in digital storage, data ce.
Seagate (STX) expects incremental improvements in mass capacity demand to drive revenues.
FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX), a leading innovator of mass-capacity data storage, announced today the appointment of Jim Lee as senior vice president, chief legal officer, and corporate secretary. Mr. Lee spent the past 5 years serving as senior vice president, general counsel, and corporate secretary at Maxar Technologies, a global leader in space technology and geospatial intelligence. During his tenure, he significantly strengthened the legal.
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Seagate (STX) reported earnings 30 days ago. What's next for the stock?
Does Seagate (STX) have what it takes to be a top stock pick for momentum investors? Let's find out.