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06.06.2019 04:15:00

Better Buy: Seagate Technology vs. Qualcomm

Seagate (NASDAQ: STX) and Qualcomm (NASDAQ: QCOM) produce key components for the PC and mobile markets, respectively. Seagate is the second-largest maker of HDDs (hard disk drives) in the world after Western Digital (NASDAQ: WDC), and Qualcomm is the world's top maker of mobile chipsets and modems.Seagate's stock tumbled nearly 30% over the past 12 months, due to slow PC sales, sluggish enterprise demand, and competition from flash memory-based SSDs (solid-state drives) -- which are smaller, faster, more power efficient, and less prone to damage than platter-based HDDs.Image source: Getty Images.Continue reading
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