Seagate (STX)'s Gains Are Remarkable, Says Jim Cramer

We recently published 12 Latest Stocks on Jim Cramer's Radar . Seagate Technology Holdings plc (NASDAQ:STX) is one of the stocks Jim Cramer recently discussed.

Seagate Technology Holdings plc (NASDAQ:STX) makes and sells storage devices used in personal and enterprise computing systems. Cramer’s previous comments about the firm have discussed the firm’s share price movement and postulated that the upward momentum might be due to the shortage. In this appearance, he discussed Seagate Technology Holdings plc (NASDAQ:STX) and the high demand for storage devices:

“Yeah, TSM already, obviously people are saying it’s not that good. Before we had the, looks like the shutdown’s going to end. I continue to believe this move. . .in Seagate. These are the biggest gainers in the S&P is remarkable. But no one seemed to think we would ever have this much need for storage again. But you have PCs working, you have racks working, and then of course you have the data center. David, these companies were left for dead years ago. Look at them. Will you look at them? . . .these companies are not growth companies. . . .Seagate’s not a growth company. I’m not interested in taking them all the way up.”

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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.