Better Buy: Seagate Technology vs. Micron
Seagate (NASDAQ: STX) and Micron (NASDAQ: MU) both provide key components for PCs and other devices. Seagate is the world's second largest maker of traditional HDDs (hard disk drives), and Micron is the third largest producer of DRAM and NAND memory chips.
Both companies faced similar headwinds over the past year. Sluggish PC sales, exacerbated by Intel's (NASDAQ: INTC) chip shortage, throttled demand for their components, and softer spending from data center operators caused additional headaches.
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