Seagate Technology PLC (STX): Today's Featured Computer Hardware Winner
(
) pushed the Computer Hardware industry higher today making it today's featured computer hardware winner. The industry as a whole closed the day up 1.5%. By the end of trading, Seagate Technology rose $0.48 (1.1%) to $46.31 on light volume. Throughout the day, 2,984,963 shares of Seagate Technology exchanged hands as compared to its average daily volume of 4,901,500 shares. The stock ranged in a price between $45.79-$46.50 after having opened the day at $46.37 as compared to the previous trading day's close of $45.83. Other companies within the Computer Hardware industry that increased today were:
(
), up 15.4%,
(
), up 13.9%,
(
), up 7.0% and
(
), up 6.8%.
Seagate Technology Public Limited Company designs, manufactures, markets, and sells hard disk drives for enterprise storage, client compute, and client non-compute market applications worldwide. Seagate Technology has a market cap of $16.4 billion and is part of the technology sector. Shares are up 50.7% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Seagate Technology a buy, 2 analysts rate it a sell, and 14 rate it a hold.
TheStreet Ratings rates
Seagate Technology
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Seagate Technology Ratings Report.
On the negative front,
(
), down 4.7%,
(
), down 2.4%,
(
), down 2.4% and
XRS
(
XRSC
), down 2.2%.
- Use our computer hardware section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the computer hardware industry could consider
iShares Dow Jones US Technology
(
) while those bearish on the computer hardware industry could consider
ProShares Ultra Short Semiconductor
(
).
- Find other investment ideas from our top rated ETFs lists.
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