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Enter Symbol:
 
Seagate Technology Holdings (STX) [hlAlert]

Rating:
Buy STX
up 100.88 %

Seagate Technology Holdings (STX) rated Buy

Posted on: Friday,  Jul 20, 2007  9:25 AM ET by WR Hambrecht

WR Hambrecht rated Buy Seagate Technology Holdings (NASDAQ: STX) on 07/20/2007, when the stock price was $24.91. Since
then, Seagate Technology Holdings has gained 100.88% as of 01/11/2016's recent price of $50.04.
If you would have followed this WR Hambrecht's recommendation on STX, you would have gained 100.88% of your investment in 3097 days.

Seagate Technology (Seagate) is engaged in the design, manufacture and marketing of hard disc drives. Hard disc drives, which are referred to as disc drives or hard drives, are used as the primary medium for storing electronic information in systems ranging from desktop and notebook computers, and consumer electronics devices to data centers delivering information over corporate networks and the Internet. It produces a range of disc drive products addressing enterprise applications, where its products are used in enterprise servers, mainframes and workstations; desktop applications, where its products are used in desktop computers; mobile computing applications, where its products are used in notebook computers, and consumer electronics applications, where its products are used in a variety of devices, such as digital video recorders and other consumer electronic devices that require storage. It also sells its branded storage solutions under both the Seagate and Maxtor brands.

How does WR Hambrecht + Co approach research? Hasn’t the whole model of Wall Street research been discredited? We feel strongly that research plays an integral role in the success of our business; we just approach the process in a very different way. We use research to handle very specific tasks, as we attempt to achieve our ultimate goal, making the buyer and the seller in a deal look smart.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/20/2007 9:25 AM Buy
None
24.91 30.00
as of 8/27/2015
1 Week up  1.11 %
1 Month down  -4.30 %
3 Months down  -12.86 %
1 YTD down  -10.89 %

(*) Stock Price at the time of the recommendation.
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