“We’re Gonna See Seagate (STX) Go Up,” Says Jim Cramer

We recently published 10 Stocks Jim Cramer Talked About.  Seagate Technology Holdings plc (NASDAQ:STX) is one of the stocks Jim Cramer discussed recently.

Seagate Technology Holdings plc (NASDAQ:STX) is a computer hardware company that makes and sells storage devices. Its shares are up by 243% year-to-date to make the stock one of the strongest performers on the market in 2025. December has seen Seagate Technology Holdings plc (NASDAQ:STX) become the center of attention of several analysts. For instance, Morgan Stanley bumped the share price target to $337 from $270 and kept an Overweight rating on December 17th. The analyst action came after Citi had maintained a Buy rating for Seagate Technology Holdings plc (NASDAQ:STX)’s shares and increased the share price target to $320 from $275 on December 2nd. The reason behind the optimism was the firm’s belief that AI-driven content creation can spur demand for storage devices by enticing data generators to retain their data for longer time periods in the hope of training future models. Cramer has previously discussed Seagate Technology Holdings plc (NASDAQ:STX) several times, and while he’s admitted that the gains are “remarkable,” he nevertheless holds the opinion that the firm is not a growth company. In this appearance, he discussed Seagate Technology Holdings plc (NASDAQ:STX) in the context of shares rising after Micron’s earnings:

"We're Gonna See Seagate (STX) Go Up," Says Jim Cramer

“Others that would go up, once again, we’re gonna see Seagate go up. . .Those are not the ones to be in, they could go up.”

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.