I have watched Seagate's comeback story, and it has been one of the most impressive in the entire S&P 500. In fact, after the comeback, Seagate now ranks fourth in the top year-to-date S&P 500 performers according to Slickcharts.
That performance is after Sandisk, Dell, and Micron. But on Friday, July 17, Jim Cramer posted on X (formerly Twitter) something you should pay attention to, and it was not a buy call.
Comeback in Seagate is impressive, even as I think it might be an excellent opportunity to trim if you don't have much cash on hand.
Seagate Technology (STX) closed the week at $787.66, up 5.66% on the session, according to Yahoo Finance. The stock is up 186.72% year-to-date and 441.28% over the past year. You may think those are typos, but they're not. The three-year return stands at 1,285.43%.
Cramer is not calling this a sell. No. He is calling it a trim, and the distinction matters.
#impressive #think #trim
That performance is after Sandisk, Dell, and Micron. But on Friday, July 17, Jim Cramer posted on X (formerly Twitter) something you should pay attention to, and it was not a buy call.
Comeback in Seagate is impressive, even as I think it might be an excellent opportunity to trim if you don't have much cash on hand.
Seagate Technology (STX) closed the week at $787.66, up 5.66% on the session, according to Yahoo Finance. The stock is up 186.72% year-to-date and 441.28% over the past year. You may think those are typos, but they're not. The three-year return stands at 1,285.43%.
Cramer is not calling this a sell. No. He is calling it a trim, and the distinction matters.
#impressive #think #trim
12 days ago
