Better Buy: Seagate Technology vs. Intel
The business models of Seagate Technology (NASDAQ: STX), the data storage company, and Intel (NASDAQ: INTC), the renowned computer chipmaker, are rooted in delivering hardware that supports the technology sector. They are not direct competitors, but both are still comparable since they must deal with similar challenges, such as soft enterprise-client spending and a decline in PC sales.
In recent years, Intel has faced new competitive pressures from Advanced Micro Devices due to Intel's struggles producing its chips. Meanwhile, Seagate has experienced cyclical slowdowns in demand for hard disc drives. As a result, is one company clearly a better buy? Let's explore each to find out.
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Source Fool.com
