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Is Seagate Technology Holdings plc (STX) The Best Hardware Stock To Buy Now?

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We recently published a list of 10 best hardware shares for purchase now. In this article, we will look at the place where Seagate Technology Holdings Plc (Nasdaq: STX) stands against the best stocks of other devices for purchase now.

Computer devices industry include personal computers, perceptual devices, storage devices and servers for the high -growth data center industry. According to a report issued by the Business Research Company, the value of the computers industry amounted to 714.8 billion dollars in 2024, and it is expected to grow at an annual growth rate of 6.5 % to reach $ 761 billion by 2025. The market is expected to expand more at an annual compound rate of 6.3 % to reach 972 billion dollars by 2029. Historical growth factors are still historical. Including the globalization of the supply chain, the rise of the Internet, and the revolution in the personal computing is valid. It is more reinforced by the latest trends such as computing and quantum computing, height of data centers and data environments, and hybrid and multi -fluid environments.

The global computer market is one of the largest components of the hardware industry. According to a report on January 9 by IDC, computer shipments grew by 1.8 % during the fourth quarter of 2024, when global sizes reached 68.9 million. Jitesh Ubbrani, IDC Worldwide Mobile Device Trackors, noticed that the market is generally witnessing slower growth, however, Chinese government support helped the fourth quarter. The report also indicated an increase in anxiety about the increasing threats related to new tariffs in January 2025, noting that many brands witnessed withdrawals during the month of December as a preventive measure to apply for definitions.

However, a more modern report published by IDC on April 8 revealed that the personal computer shipping market has been not affected by definitions as shipments grew by 4.9 % during the first quarter of 2025. Jean -Philip Bourthard, the deputy pioneer in research, noticed to avoid the first round of avoidance. He pointed out that although the market has been not largely affected by the first round, the second round announced on April 2 may lead to an inflationary effect, which negatively affects the shipments in the following seasons.

To coordinate the list of the 10 best shares for devices that must be purchased now, we used the hedge database from the Finviz Monkey Q4 2024. First, we collected a list of computers shares using Screaner and sort the list according to the market value. After that, we ranked these shares in an upward arrangement for the number of hedge boxes.

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