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Seagate Technology Stock: A Buy The Dip Opportunity
STXSeagate(STX) Seeking Alpha·2024-08-05 06:53
AlexLMX/iStock via Getty Images Seagate Technology Holdings (NASDAQ:STX) is poised to perform well as the global enterprise solid state drives [SSDs] market is expected to grow at a strong pace of about 10.4% annually to 2030. This growth should provide a strong tailwind for Seagate's enterprise storage solutions. Seagate has an attractive valuation with strong expected revenue and earnings growth, which is likely to drive the stock to outperform over the next few years. The recent sell-off in the stock ...