Seeking Alpha

Seagate's (STX +5.8%) strong FQ2/FQ3 guidance is triggering a broader rally in makers of storage...

Seagate's (STX +5.8%) strong FQ2/FQ3 guidance is triggering a broader rally in makers of storage drives - both hard drives and solid-state drives - as investors eagerly anticipate a 1H environment of strong pricing and high margins. WDC +6.6%. OCZ +5.4%. STEC +4.4%. SNDK +1.1%. At a valuation of just 3x its estimated FY13 (ends June '13) EPS, Needham thinks Seagate is still dirt cheap.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|