Why Digital Storage Inflation Will Accelerate Seagate's Growth Beyond The Next 3 Years
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Seagate's growth is expected to accelerate due to digital storage inflation, potentially increasing its value from $20.8B to $42.5B over the next decade. Despite misconceptions about SSDs replacing HDDs, Seagate's valuation is at intrinsic value, and investor interest is likely to grow.
December 09, 2024 | 10:15 am
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Seagate's growth is expected to accelerate due to digital storage inflation, potentially increasing its value significantly over the next decade. Misconceptions about SSDs have kept its valuation at intrinsic value, but investor interest is likely to grow.
The article highlights Seagate's potential for significant growth due to digital storage inflation, which could double its value over the next decade. The misconception that SSDs will replace HDDs has kept its valuation at intrinsic value, suggesting room for growth as investor interest increases.
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