Jim Cramer: Seagate Is a Value Trap
Seagate Technology is a value trap because in the end the company still makes disc drives, says Jim Cramer.
Seagate Technology (STX) - Get Report is a value trap because in the end the company still makes disc drives, said TheStreet's Jim Cramer. He said investors are worried about the dividend and the company's lack of diversification.
At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.
