Buying STX @ $51.53
2% position
Seagate is a digital storage company. Think hard drives. So, a technology hardware company.
They trade at 10x P/E with a 5% dividend yield. As with most tech companies, debt is modest at 2-3x EBITDA.
We like the story.
Critical hardware, compelling valuation, and minimal debt.
2% position
Seagate is a digital storage company. Think hard drives. So, a technology hardware company.
They trade at 10x P/E with a 5% dividend yield. As with most tech companies, debt is modest at 2-3x EBITDA.
We like the story.
Critical hardware, compelling valuation, and minimal debt.
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