Seagate Technology Holdings' (NASDAQ: STX) stock was nearly cut in half this year as investors fretted over slowing growth and declining margins. However, that sell-off also reduced the hard drive maker's forward price-to-earnings ratio to 11 while boosting its forward dividend yield to 4.5%.
That low valuation and high yield might attract some value-seeking investors in this ongoing bear market, but do the risks outweigh the potential rewards? Let's review the bear and bull cases to decide.
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Source Fool.com