Cramer shares his views on Western Digital and Seagate being just plain old buys, and how some companies are having some very good quarters. Jim Cramer shares his views every day on RealMoney .
Category: Seagate Technology
‘The explosion in data is so great that it’s almost like, if you have storage space, we’ll take it!’
If you didn’t know any better, we were back in 1999 when Intel and Microsoft and Western Digital and Seagate were hot as freshly shot cannonballs, because we figured out how to get some “high speed” lines to connect personal computers to the world wide web. Of course, those companies are, with the exception of Intel, really very different beasts now.
Seagate Rallies On Robust Second-quarter Earnings
Shares of Seagate Technology PLC rallied in Tuesday’s extended session after the hard-drive maker posted better-than-expected earnings. Seagate reported its fiscal second-quarter earnings nearly doubled to $297 million, or $1 a share, from $165 million, or 55 cents a share, a year earlier.
Data Storage Provider Seagate’s Adaptability Leading to Increased Profits
The world of finance and investing is moving at a faster clip than ever, and nowhere more so than in the high-tech sector. Big money is being made from technologies that no one even imagined a few years back.