Seagate Technology Holdings Plcs STX appears to be enjoying remarkable growth indicated by increased investments from various investment firms and banks. New stakes owned by
U.S. Capital Wealth Advisors LLC,
Chapin Davis Inc. and the
State of Wyoming highlight the growing interest in the technology firm. Particularly notable is the $197.03 million investment by
Norges Bank. Strong Q3 earnings saw the stock climb to a fresh high, with CNBC's
Jim Cramer repeatedly praising the tech firm’s growth and related discounted trading rates. STX's robust performance extends even beyond traditional markets, with the stock often outperforming competitors on strong trading days. Positive revisions of Seagate stock price targets and the company’s inclusion in the Nasdaq-100 Index foreground its success. Additionally, the
AI storage market has reacted favorably to the company’s high margins and strong technicals, with some speculation label it as potentially the best AI stock to buy. A seemingly successful shareholder return strategy and the promise of a larger dividend being paid out this year also paint a promising picture. Still, caution should be exercised due to some insider selling activity.
Seagate Technology Holdings Plcs STX News Analytics from Tue, 29 Jul 2025 07:00:00 GMT to Sat, 20 Dec 2025 13:46:02 GMT -
Rating 8
- Innovation 4
- Rumor -6