Better Buy: Seagate Technology vs. Micron
Seagate (NASDAQ: STX) and Micron (NASDAQ: MU) both provide crucial components of PCs and data centers. Seagate is the world's largest manufacturer of traditional platter-based HDDs (hard disk drives), and Micron is a major maker of DRAM and NAND memory chips.
Both stocks plunged in 2018 as PC sales decelerated and macro headwinds throttled demand from enterprise and data center customers. However, Seagate and Micron still rallied over 50% and 70%, respectively, this year, as investors spotted signs of a cyclical recovery. Let's see which stock still has more room to run.
Image source: Getty Images.
Source Fool.com
