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Why Seagate Technology Looks Like A Good Bet


Information Technology (I.T.) experts are seeing a shift in focus to enterprise hardware and services, away from the consumer orientation of smartphones and tablets. This will benefit International Business Machines Corporation, which is reinventing itself once again with acquisitions like Red Hat, and Hewlett Packard Enterprises, which was spun off in 2015 from Hewlett-Packard.

But a purer play in enterprise hardware is Seagate Technology (NASDAQ: STX), as companies collect massive amounts of data that will need Seagate's hard disk drives for storage.

Image source: Getty Images.

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Source Fool.com

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