Is Seagate (STX) The Best AI Stock to Buy According to American Politicians?

We recently published 10 Best AI Stocks to Buy According to American Politicians. Seagate Technology Holdings (NASDAQ:STX) is one of the best AI stocks to buy.

According to disclosures on Oct. 22, Congresswoman Lisa McClain’s spouse bought a stake in Seagate Technology Holdings PLC (NASDAQ:STX) worth between $15,001 – $50,000 on September 8. Since this trade, the stock is up about 42%.

Seagate Technology Holdings PLC (NASDAQ:STX) has been gaining interest from investors as an AI play on the back of rising storage demand due to the increasing usage of AI videos. James Van Geelen, the founder and portfolio manager at Citrini Research, recently explained in detail why Seagate Technology Holdings PLC (NASDAQ:STX) stands for benefit from the AI boom. Read his thesis here.

While we acknowledge the risk and potential of STX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than STX and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.