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Seagate Technology Holdings plc (STX): A Bull Case Theory

We came across a bullish thesis on Seagate Technology Holdings plc (STX) on Value Investing Subreddit Page by fortitudelkw. In this article, we will summarize the bulls’ thesis on STX. Seagate Technology Holdings plc (STX)'s share was trading at $108.18 as of Jan 22nd. STX’s trailing and forward P/E were 19.67 and 14.95 respectively according to Yahoo Finance.

Seagate Technology (STX) stands out as a major beneficiary of the rapidly growing cloud storage market, driven by the explosion of AI adoption and the resulting surge in data creation. With a robust technological edge and...