Jim Cramer Recently Looked at These 18 Stocks

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2. Seagate Technology Holdings plc (NASDAQ:STX)

Number of Hedge Fund Holders: 55

During the episode, Cramer had a lot of positive things to say about Seagate Technology Holdings plc (NASDAQ:STX) as the company becomes an “AI trade.” He commented:

“We’ve also got a couple of smaller techs acting superbly. Incredibly, Seagate is on the list. For a long time, this was just another commodity tech play, but now it’s an AI trade because data centers need lots of hard drives. What a comeback. Hey, glad they could hold on for all these years.”

Seagate (NASDAQ:STX) delivers data storage solutions spanning hard drives, solid state drives, and external storage devices, while also offering an edge-to-cloud platform designed to support enterprise infrastructure across both on-premise and cloud environments. In a March episode, Cramer said that he prefers another company instead of Seagate (NASDAQ:STX) as he remarked:

“Alright, Seagate. Okay, now this is a very cheap stock, but cheap for a reason. It’s because the business is very cutthroat and I suggest that if you wanted to go in this business, you wanted to go into storage, I am going to send you honestly to Broadcom. I’d rather see them, they got storage too.”

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