Seeking Alpha

Storage/hard drive stocks are outperforming, possibly aided by Veeco's Q1 bookings numbers: the...

Storage/hard drive stocks are outperforming, possibly aided by Veeco's Q1 bookings numbers: the company reported hard drive equipment bookings totaled $27M, down 7% Y/Y but up 60% Q/Q in spite of slumping PC demand. Veeco added on its CC (transcript) hard drive customers are "starting to make selective technology buy decisions" once more. STX +2.6%. WDC +2.6%. EMC +1.8%. NTAP +2.7%. XRTX +1.6%. QTM +5.1%. EMC reports tomorrow morning. Also, LED/solar equipment makers Aixtron (AIXG +9%) and GT Advanced (GTAT +2.7%) are getting a lift from Veeco's numbers and bullish Q2 commentary.
Comments (2)
  • ration_al
    , contributor
    Comments (11) | Send Message
     
    just subscribed to market currents a few weeks ago...it really is an excellent service...i've been a subscriber to TFOTW for years too...so kudos to seeking alpha.
    23 Apr 2013, 11:06 AM Reply Like
  • Michael Bryant
    , contributor
    Comments (5539) | Send Message
     
    I would stick with (STX) and (WDC).
    23 Apr 2013, 10:13 PM Reply Like
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:

|