With the overall market indexes moving higher it is interesting how many stocks are not following that trend. One stock not following the trend higher and dropping this morning is Seagate Stock. Seagate Stock is one stock I have traded on and off for a number of years. I keep it on my radar for those times when an interesting trade opportunity appears.
While many investors feel the better company to be trading in is Western Digital, I disagree. I prefer the statistics from Seagate Stock which indicate to me that the better trade in this technology arena is with Seagate Stock.
Seagate’s hard drives power some of the largest cloud servers in the world. They also have a wider variety of other products in their inventory for everyone from consumers to corporates. A lot of investors are unaware of just how large Seagate Technology is. With annual revenue of $14.1 billion and employing 52,000 people around the globe, Seagate Technology has a better profit margin on their products. Seagate’s profit margins is 13.64% while Western Digital is at 10.39%. This may not seem like much but this is actually a 31.2% higher profit margin which means Seagate Stock has a better return on investment.
Seagate Stock Chart – 6 Months
The 6 month chart for Seagate Stock shows a pattern of lower highs which needs to be observed by those investors interested in trading the stock.
While volume shows a slight decline in buyer interest, the Accumulation-Distribution Indicator shows that investors are still accumulating shares of Seagate Stock which is a positive thing.
There are a number of trade opportunities developing in the stock again. I have done well with this stock in 2015 and look forward to additional profits from this upcoming trade. The rest of this article is for FullyInformed USA Members.
Seagate Stock Trade Ideas
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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
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