business
Jim Cramer on Seagate: “Too Pricey”
Key takeaways
- Cramer commented on the company’s valuation, as he remarked:
- Seagate, again, too pricey, nearly 50 times next year’s earnings estimates.
- Seagate Technology Holdings plc (NASDAQ:STX) makes hard drives, solid-state drives, and storage solutions for personal, gaming, and business use.
Jim Cramer on Seagate: “Too Pricey” Syeda Seirut Javed Thu, May 21, 2026 at 8:12 PM GMT+7 2 min read STX SNDK WDC Seagate Technology Holdings plc (NASDAQ:STX) was among the stocks Jim Cramer discussed while explaining how investors can navigate the current market rotation. Cramer commented on the company’s valuation, as he remarked:
Seagate, again, too pricey, nearly 50 times next year’s earnings estimates. These are commodity companies.
Seagate Technology Holdings plc (NASDAQ:STX) makes hard drives, solid-state drives, and storage solutions for personal, gaming, and business use. Cramer mentioned the company during the May 4 episode and said:
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