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0 9.86355416734266E-05 -0.000493177708367694 0.000131514055564569 -0.000460299194476552 0.000821962847279303 0.000986355416735014 0.000789084333387974
Stock impact report

Seagate Leads Data Storage and Memory Stocks Higher. Morgan Stanley Says It's a 'Top Pick' [Yahoo! Finance]

Western Digital Corporation (WDC) 
Last western digital corporation earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.wdc.com
Company Research Source: Yahoo! Finance
A global shortage of storage and memory components that has driven prices in the sector to record highs could last until 2028, the analysts wrote. Shares of Seagate rival Western Digital and Micron Technology also climbed. Seagate Technology's stock is surging to fresh highs. One group of analysts thinks the rally can keep rolling. Shares of Seagate ( STX ) were up nearly 6% in recent trading, on track to close at an all-time high as analysts from Morgan Stanley named the hard drive maker their "top pick" in IT hardware. Other data storage and memory stocks, including Western Digital ( WDC ), Micron Technology ( MU ), and Sandisk ( SNDK ), climbed along with it to rank among the biggest gainers in the S&P 500 Monday. The analysts said they chose Seagate over rival Western Digital ( WDC ) as their top pick, given expectations it could have more room to rise and raise margins faster. However, both stocks are seen benefiting from a global shortage of storage and memory component Show less Read more
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