Jim Cramer Says Seagate Needs a "Massive Beat and Raise" to "Keep It Running"

Seagate Technology Holdings plc (NASDAQ:STX) is one of the stocks in focus as Jim Cramer shared his weekly game plan. Cramer highlighted the stock’s surge due to an increase in demand, as he commented:

After the close, we have our first big shortage stock, and that’s Seagate. This maker of storage and memory chips has been making a fortune because no one saw the massive surge in demand from the data center coming except for a handful of companies, including this one. Stock’s up over 25% for the year. You need a massive beat and raise for this one to keep it running. And guess what? I think you could get it.

Seagate Technology Holdings plc (NASDAQ:STX) makes hard drives, solid-state drives, and storage solutions for personal, gaming, and business use. Cramer mentioned the stock during the episode aired on November 3, 2025, while discussing the storage business. He said:

Of course, not all growth stocks are created equal. The questionable stocks these days are the ones that are in the data storage business: Sandisk, Seagate, [and] Western Digital. They’re now shortage stocks, meaning not enough people saw the demand for data storage coming. So they have super growth because they’ve got these storage machines and their stocks are roaring higher. I like them, but I know you have to sell them at a certain point because eventually they’ll pump out enough new supply to sate the demand.

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Disclosure: None. This article is originally published at Insider Monkey.