Latest news with #HAMR
Yahoo
6 days ago
- Business
- Yahoo
Seagate Unveils 30TB Drives to Handle Data Center AI Storage Demand
Seagate Technology Holdings plc STX has announced the worldwide channel availability of its highest-capacity hard drives, the 30TB Exos M and IronWolf Pro. The 30TB and 28TB variants of the Exos M and IronWolf Pro drives are available through the Seagate online store, authorized resellers and global channel partners. Prices are set at $599.99 for the 30TB Exos M and IronWolf Pro models, and $569.99 for the 28TB variants. The cutting-edge drives, built on Seagate's advanced Mozaic 3+ platform and powered by heat-assisted magnetic recording (HAMR) technology, are designed to meet the accelerating demand for scalable, high-performance storage driven by the growing adoption of AI technologies across enterprises. With more than 1 million Mozaic drives shipped, Seagate has reached a key milestone that highlights the maturity and strength of its next-gen storage innovation. The newly released Exos M 30TB and NAS-optimized IronWolf Pro 30TB drives arrive at a pivotal moment for AI at the edge. STX highlighted an IDC report whereby the research firm noted that industries such as retail, manufacturing and financial services are actively deploying edge AI solutions for applications like video analytics, predictive maintenance and fraud detection. These trends are driving the adoption of disaggregated storage architectures, separating compute from storage to enable greater flexibility and scalability. The Exos M 30TB provides high-capacity, energy-efficient storage that supports real-time edge analytics, data scaling and optimal data placement without sacrificing sustainability or performance. Meanwhile, the IronWolf Pro 30TB is empowering on-prem NAS systems to evolve into intelligent AI hubs capable of handling advanced workloads like image recognition, retrieval-augmented generation (RAG), and inference tasks. Seagate Technology Holdings PLC price-consensus-chart | Seagate Technology Holdings PLC Quote Per Global Market Insights, the global NAS market is projected to witness more than 17% CAGR through 2034, fueled by digital transformation and the growing use of big data and AI analytics. Management highlighted that nearly 90% of the world's data is currently stored in just 10 countries. However, with around 150 nations adopting data sovereignty regulations and AI workloads expanding rapidly, data gravity is steadily shifting toward the edge. Seagate stated that data centers—whether on-premises, private, or sovereign—are increasingly leveraging AI to unlock the value of their proprietary data. Seagate's 30TB drives aim to meet this shift head-on, offering the capacity, efficiency and resilience needed to support the next generation of AI workloads. Business improvement strategies, strong market conditions and focus on advanced tech like HAMR are aiding Seagate's performance. The company expects secular trends and innovations to drive up areal density, benefiting mass capacity storage. Management noted that the launch of the Mozaic 3+ hard drive platform in 2024, which featured HAMR technology, positioned it well to capture share in the mass capacity storage solutions market. Seagate expects HAMR to aid in exploiting megatrends like AI and machine learning, which will drive long-term demand for cost-effective mass capacity storage solutions. Seagate has significantly increased production of its 24-28 terabyte PMR drives, which represent the company's top-selling product line in terms of both revenues and exabyte shipments. Seagate's technology strategy remains closely aligned with shifting market trends. One of the key drivers of Seagate's strategic roadmap is the ramp-up of its HAMR technology to meet the surging cloud customer demand. Its HAMR-based Mozaic drives are the industry's only products offering 3 terabytes per disk. Volume shipments to qualified customers are underway, and the company remains on schedule to broaden qualifications across more cloud customers, with wider shipments expected in the second half of calendar 2025. Seagate currently carries a Zacks Rank #3 (Hold). Shares of Seagate have gained 41% over the past year compared with the Computer Integrated Systems industry's growth of 7.7%. Image Source: Zacks Investment Research Some better-ranked stocks from the broader technology space are NETGEAR, Inc. NTGR, Micron Technology, Inc. MU and Silicon Motion Technology Corporation SIMO. NTGR sports a Zacks Rank #1 (Strong Buy), while MU and SIMO carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here. NETGEAR's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 179.12%. In the last reported quarter, NTGR delivered an earnings surprise of 105.71%. Its shares have surged 92% in the past year. Micron's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 9.7%. In the last reported quarter, MU Holdings delivered an earnings surprise of 20.13%. Its shares have decreased 6.5% in the past year. Silicon Motion's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 14.29%. In the last reported quarter, SIMO delivered an earnings surprise of 39.53%. SIMO shares have skyrocketed 44.1% over the past six months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Seagate Technology Holdings PLC (STX) : Free Stock Analysis Report Micron Technology, Inc. (MU) : Free Stock Analysis Report NETGEAR, Inc. (NTGR) : Free Stock Analysis Report Silicon Motion Technology Corporation (SIMO) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Zawya
6 days ago
- Business
- Zawya
Seagate ships 30TB drives to meet global surge in data center AI storage demand
Dubai, United Arab Emirates — Seagate Technology Holdings plc (NASDAQ: STX), a global leader in mass-capacity data storage, today announced the global channel availability of up to 30TB Exos® M and IronWolf® Pro hard drives. Built on Seagate's Mozaic 3+™ platform and powered by heat-assisted magnetic recording (HAMR) technology, these drives are engineered to meet increasing demand for scalable, high-performance storage driven by the rise of AI deployments that are supplementing traditional enterprise infrastructure development. With over one million Mozaic hard drives now shipped, Seagate has reached more than just a milestone—it has marked a defining moment that underscores the strength and maturity of its breakthrough storage technology. 'Today, approximately 90% of the world's data is stored in just 10 countries. However, data gravity is increasingly pulling networks to the edge as nearly 150 countries adopt data sovereignty requirements, and AI workloads continue to expand. Datacenters—on-prem, private, and sovereign—are leveraging AI to unlock the value of their proprietary data,' said Melyssa Banda, SVP of Edge Storage and Services, Seagate. 'Our 30TB drives are designed to support these rapidly growing trends, delivering the capacity, efficiency, and resilience needed to power the AI workloads.' Industry leaders are aligning around the fundamental data management and infrastructure shifts: "Hyperscalers and enterprise data centers are in the early stages of an all-out arms race to develop AI infrastructure resulting in rapidly increasing capex spending on performance-oriented hardware," said Ed Burns, Research Director, Hard Disk Drive and Storage Technologies at IDC. "While not often associated with performance such as low latency, the highest capacity HDDs are a critical strategic asset in the AI development process, filling the need for mass capacity storage of the foundational data essential to building and improving the highest quality AI models in the market today and into the future. Enterprise customers are seeking ways to improve the density of their data centers, lowering power consumption and square footage requirements while ensuring storage continues to meet strategic requirements, and Seagate's new 30TB Exos product is the highest density hard drive offered in the industry today. Hyperscale and enterprise data center customers looking for optimal performance and cost tradeoffs for mass-capacity storage will benefit from Seagate's HAMR product roadmap, which is poised to accelerate areal density growth rates for HDDs in the years to come." HPE forecasts the on-prem AI market will grow at a 90% CAGR, reaching $42 billion within three years. [1] NVIDIA describes AI factories as 'data centers reimagined to manufacture intelligence at scale,' essential for transforming data into real-time insights across the AI lifecycle. [2] As AI becomes central to business strategy, modernizing storage is not optional—it's foundational. 30TB Hyperscale-Grade Exos & NAS-Optimized IronWolf Pro Arrive Just in Time for On-Prem AI Edge AI is no longer a future concept—it's happening now. According to IDC, industries such as retail, manufacturing, and financial services are actively deploying AI at the edge for video analytics, predictive maintenance, and fraud detection. This shift is accelerating the adoption of disaggregated storage architectures, which decouple compute from storage to enable more flexible, scalable infrastructure. The Seagate Exos M 30TB drive is built to meet increased demand for high-capacity, energy-efficient storage—empowering organizations to scale storage, optimize data placement, and support real-time edge analytics without compromising performance or sustainability. As AI-powered applications proliferate, on-premise NAS systems are evolving into intelligent data hubs—supporting advanced workloads such as video analytics, image recognition, retrieval-augmented generation (RAG), and inferencing at the edge. The convergence of AI, IoT, and hybrid cloud is fueling demand for high-capacity, high-integrity NAS solutions that can manage large, unstructured datasets with low latency and high throughput. Recent market analysis projects the global NAS market to grow at a CAGR of over 17% through 2034, driven by digital transformation and the rise of AI and big data analytics. [3] 'QNAP NAS systems are increasingly used for on-premise AI workloads—enabling enterprises to run local AI models and leverage RAG and LLM technologies to process and analyze local datasets,' said Dhaval Panara, Product Manager, QNAP. 'By integrating Seagate's IronWolf Pro 30TB drives, we deliver petabyte-scale, high-integrity storage that ensures fast access, reliable performance, and scalable infrastructure at the edge. 'With AI workloads increasingly moving to edge environments, reliable high-capacity storage becomes critical for local data processing. Seagate's IronWolf Pro 30TB drives provide the robust foundation UGREEN NAS systems require—delivering massive scalability and the operational stability needed for local AI applications,' said Evan Li, Head of International Business, UGREEN. Availability: The Exos M 30TB & 28TB and IronWolf Pro 30TB & 28TB drives are available now through Seagate's online store as well as Seagate's authorized resellers and channel partners worldwide. Pricing: $599.99 - Exos M & IronWolf Pro 30TB; $569.99 - Exos M & IronWolf Pro 28TB For more information, please visit Seagate online store: IronWolf Pro: Exos M: About Seagate Technology: Seagate is a global leader in mass-capacity data storage, having delivered over 4.5 billion terabytes of capacity over four decades. From edge to core to cloud, Seagate builds trust in data by delivering scalable, sustainable, and secure storage solutions. Learn more at [1] HPE and NVIDIA: A partnership driving the next generation of AI innovation | HPE [2] Data Center Solutions: AI Factories | NVIDIA [3] Media Contacts: Ronak Thakkar Associate Director FleishmanHillard
Globe and Mail
7 days ago
- Business
- Globe and Mail
Seagate Ships 30TB Drives to Meet Global Surge in Data Center AI Storage Demand
Seagate Technology Holdings plc (NASDAQ: STX), a global leader in mass-capacity data storage, today announced the global channel availability of up to 30TB Exos® M and IronWolf® Pro hard drives. Built on Seagate's Mozaic 3+™ platform and powered by heat-assisted magnetic recording (HAMR) technology, these drives are engineered to meet increasing demand for scalable, high-performance storage driven by the rise of AI deployments that are supplementing traditional enterprise infrastructure development. With over one million Mozaic hard drives now shipped, Seagate has reached more than just a milestone—it has marked a defining moment that underscores the strength and maturity of its breakthrough storage technology. 'Today, approximately 90% of the world's data is stored in just 10 countries. However, data gravity is increasingly pulling networks to the edge as nearly 150 countries adopt data sovereignty requirements, and AI workloads continue to expand. Datacenters—on-prem, private, and sovereign—are leveraging AI to unlock the value of their proprietary data,' said Melyssa Banda, SVP of Edge Storage and Services, Seagate. 'Our 30TB drives are designed to support these rapidly growing trends, delivering the capacity, efficiency, and resilience needed to power the AI workloads.' Industry leaders are aligning around the fundamental data management and infrastructure shifts: "Hyperscalers and enterprise data centers are in the early stages of an all-out arms race to develop AI infrastructure resulting in rapidly increasing capex spending on performance-oriented hardware," said Ed Burns, Research Director, Hard Disk Drive and Storage Technologies at IDC. "While not often associated with performance such as low latency, the highest capacity HDDs are a critical strategic asset in the AI development process, filling the need for mass capacity storage of the foundational data essential to building and improving the highest quality AI models in the market today and into the future. Enterprise customers are seeking ways to improve the density of their data centers, lowering power consumption and square footage requirements while ensuring storage continues to meet strategic requirements, and Seagate's new 30TB Exos product is the highest density hard drive offered in the industry today. Hyperscale and enterprise data center customers looking for optimal performance and cost tradeoffs for mass-capacity storage will benefit from Seagate's HAMR product roadmap, which is poised to accelerate areal density growth rates for HDDs in the years to come." HPE forecasts the on-prem AI market will grow at a 90% CAGR, reaching $42 billion within three years. 1 NVIDIA describes AI factories as 'data centers reimagined to manufacture intelligence at scale,' essential for transforming data into real-time insights across the AI lifecycle. 2 As AI becomes central to business strategy, modernizing storage is not optional—it's foundational. 30TB Hyperscale-Grade Exos & NAS-Optimized IronWolf Pro Arrive Just in Time for On-Prem AI Edge AI is no longer a future concept—it's happening now. According to IDC, industries such as retail, manufacturing, and financial services are actively deploying AI at the edge for video analytics, predictive maintenance, and fraud detection. This shift is accelerating the adoption of disaggregated storage architectures, which decouple compute from storage to enable more flexible, scalable infrastructure. The Seagate Exos M 30TB drive is built to meet increased demand for high-capacity, energy-efficient storage—empowering organizations to scale storage, optimize data placement, and support real-time edge analytics without compromising performance or sustainability. As AI-powered applications proliferate, on-premise NAS systems are evolving into intelligent data hubs—supporting advanced workloads such as video analytics, image recognition, retrieval-augmented generation (RAG), and inferencing at the edge. The convergence of AI, IoT, and hybrid cloud is fueling demand for high-capacity, high-integrity NAS solutions that can manage large, unstructured datasets with low latency and high throughput. Recent market analysis projects the global NAS market to grow at a CAGR of over 17% through 2034, driven by digital transformation and the rise of AI and big data analytics. 3 'QNAP NAS systems are increasingly used for on-premise AI workloads—enabling enterprises to run local AI models and leverage RAG and LLM technologies to process and analyze local datasets,' said Dhaval Panara, Product Manager, QNAP. 'By integrating Seagate's IronWolf Pro 30TB drives, we deliver petabyte-scale, high-integrity storage that ensures fast access, reliable performance, and scalable infrastructure at the edge.' 'With AI workloads increasingly moving to edge environments, reliable high-capacity storage becomes critical for local data processing. Seagate's IronWolf Pro 30TB drives provide the robust foundation UGREEN NAS systems require—delivering massive scalability and the operational stability needed for local AI applications,' said Evan Li, Head of International Business, UGREEN. Availability: The Exos M 30TB & 28TB and IronWolf Pro 30TB & 28TB drives are available now through Seagate online store as well as Seagate's authorized resellers and channel partners worldwide. Pricing: $599.99 - Exos M & IronWolf Pro 30TB; $569.99 - Exos M & IronWolf Pro 28TB For more information, please visit Seagate online store: Exos M: About Seagate Technology:
Business Wire
7 days ago
- Business
- Business Wire
Seagate Ships 30TB Drives to Meet Global Surge in Data Center AI Storage Demand
FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX), a global leader in mass-capacity data storage, today announced the global channel availability of up to 30TB Exos® M and IronWolf® Pro hard drives. Built on Seagate's Mozaic 3+™ platform and powered by heat-assisted magnetic recording (HAMR) technology, these drives are engineered to meet increasing demand for scalable, high-performance storage driven by the rise of AI deployments that are supplementing traditional enterprise infrastructure development. With over one million Mozaic hard drives now shipped, Seagate has reached more than just a milestone—it has marked a defining moment that underscores the strength and maturity of its breakthrough storage technology. With 1M+ Mozaic drives shipped, Seagate's milestone signals the strength and maturity of its breakthrough storage technology. Share 'Today, approximately 90% of the world's data is stored in just 10 countries. However, data gravity is increasingly pulling networks to the edge as nearly 150 countries adopt data sovereignty requirements, and AI workloads continue to expand. Datacenters—on-prem, private, and sovereign—are leveraging AI to unlock the value of their proprietary data,' said Melyssa Banda, SVP of Edge Storage and Services, Seagate. 'Our 30TB drives are designed to support these rapidly growing trends, delivering the capacity, efficiency, and resilience needed to power the AI workloads.' Industry leaders are aligning around the fundamental data management and infrastructure shifts: "Hyperscalers and enterprise data centers are in the early stages of an all-out arms race to develop AI infrastructure resulting in rapidly increasing capex spending on performance-oriented hardware," said Ed Burns, Research Director, Hard Disk Drive and Storage Technologies at IDC. "While not often associated with performance such as low latency, the highest capacity HDDs are a critical strategic asset in the AI development process, filling the need for mass capacity storage of the foundational data essential to building and improving the highest quality AI models in the market today and into the future. Enterprise customers are seeking ways to improve the density of their data centers, lowering power consumption and square footage requirements while ensuring storage continues to meet strategic requirements, and Seagate's new 30TB Exos product is the highest density hard drive offered in the industry today. Hyperscale and enterprise data center customers looking for optimal performance and cost tradeoffs for mass-capacity storage will benefit from Seagate's HAMR product roadmap, which is poised to accelerate areal density growth rates for HDDs in the years to come." HPE forecasts the on-prem AI market will grow at a 90% CAGR, reaching $42 billion within three years. 1 NVIDIA describes AI factories as 'data centers reimagined to manufacture intelligence at scale,' essential for transforming data into real-time insights across the AI lifecycle. 2 As AI becomes central to business strategy, modernizing storage is not optional—it's foundational. 30TB Hyperscale-Grade Exos & NAS-Optimized IronWolf Pro Arrive Just in Time for On-Prem AI Edge AI is no longer a future concept—it's happening now. According to IDC, industries such as retail, manufacturing, and financial services are actively deploying AI at the edge for video analytics, predictive maintenance, and fraud detection. This shift is accelerating the adoption of disaggregated storage architectures, which decouple compute from storage to enable more flexible, scalable infrastructure. The Seagate Exos M 30TB drive is built to meet increased demand for high-capacity, energy-efficient storage—empowering organizations to scale storage, optimize data placement, and support real-time edge analytics without compromising performance or sustainability. As AI-powered applications proliferate, on-premise NAS systems are evolving into intelligent data hubs—supporting advanced workloads such as video analytics, image recognition, retrieval-augmented generation (RAG), and inferencing at the edge. The convergence of AI, IoT, and hybrid cloud is fueling demand for high-capacity, high-integrity NAS solutions that can manage large, unstructured datasets with low latency and high throughput. Recent market analysis projects the global NAS market to grow at a CAGR of over 17% through 2034, driven by digital transformation and the rise of AI and big data analytics. 3 'QNAP NAS systems are increasingly used for on-premise AI workloads—enabling enterprises to run local AI models and leverage RAG and LLM technologies to process and analyze local datasets,' said Dhaval Panara, Product Manager, QNAP. 'By integrating Seagate's IronWolf Pro 30TB drives, we deliver petabyte-scale, high-integrity storage that ensures fast access, reliable performance, and scalable infrastructure at the edge.' 'With AI workloads increasingly moving to edge environments, reliable high-capacity storage becomes critical for local data processing. Seagate's IronWolf Pro 30TB drives provide the robust foundation UGREEN NAS systems require—delivering massive scalability and the operational stability needed for local AI applications,' said Evan Li, Head of International Business, UGREEN. Availability: The Exos M 30TB & 28TB and IronWolf Pro 30TB & 28TB drives are available now through Seagate online store as well as Seagate's authorized resellers and channel partners worldwide. Pricing: $599.99 - Exos M & IronWolf Pro 30TB; $569.99 - Exos M & IronWolf Pro 28TB For more information, please visit Seagate online store: Seagate is a global leader in mass-capacity data storage, having delivered over 4.5 billion terabytes of capacity over four decades. From edge to core to cloud, Seagate builds trust in data by delivering scalable, sustainable, and secure storage solutions. Learn more at 1. 2.
Forbes
01-07-2025
- Business
- Forbes
Seagate Stock To $85?
CANADA - 2025/05/07: In this photo illustration, the Seagate Technology logo is seen displayed on a ... More smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) Question: How would you respond if you owned Seagate (NASDAQ: STX) and its value plummeted by 60% or more in the upcoming months? While this may seem extreme, it is not without precedent. Seagate's stock has experienced such severe declines previously, and based on its current valuation, history might repeat itself. Up to this point in 2025, Seagate has achieved an impressive 65% return year-to-date, significantly exceeding the S&P 500's 5% increase. This rise has been driven by structural improvements in the company and a timely shift towards next-gen technologies like HAMR (Heat Assisted Magnetic Recording). Seagate is currently benefiting from a upswing in the data-storage market, which is being bolstered by the increasing demand for generative AI and cloud infrastructure. However, behind the AI enthusiasm and operational improvements lies a more cautionary narrative. Separately see, What's Next For Nike Stock? Here's the point: The main takeaway is that during a downturn, Seagate stock could suffer considerable losses. Data from 2020 shows that STX stock lost around 35% of its value within just a few quarters, experiencing a peak-to-trough drop of about 58% during the 2022 inflation crisis, underperforming significantly compared to the S&P 500. This raises the question: Could the stock see a sell-off and potentially fall to $85 if a similar scenario were to occur? As a rule, individual stocks tend to be more volatile than diversified portfolios. Consequently, if you seek growth with decreased volatility, you might want to investigate the High-Quality portfolio, which has outperformed the S&P 500 and yielded returns over 91% since its launch. Why Is It Relevant Now? Seagate produces high-capacity HDDs (hard disk drives)—essential infrastructure for storing the immense datasets necessary for training and deploying large language models (LLMs). While SSDs (solid-state drives) are the go-to choice for fast-access storage, HDDs remain dominant in cold storage and hyperscale cloud archives—key applications for companies such as Microsoft, Meta, and Amazon. Seagate introduced its Mozaic 3+ platform last year, which achieves 3 TB per platter through HAMR technology and incorporates it into its Exos 30 TB+ drives, which have already begun shipping to hyperscale cloud clients. At its June 2025 investor conference, Seagate announced that engineering samples of 40 TB HAMR drives (10×4 TB platters) have already been delivered, with mass production anticipated in the first half of FY 2026. The company intends to launch Mozaic 4+ with 40 TB+ capacity in 2026, followed by Mozaic 5+ providing 50 TB+ drives by 2028, and is aiming for 100 TB HDDs by 2030 as part of its larger HAMR roadmap. While this technological advancement positions Seagate for long-term growth, it also introduces execution risks if demand does not scale as expected. Seagate forecasts Q4 adjusted EPS (June fiscal year) to be between $2.20 and $2.60, with revenue expected between $2.25–$2.55 billion. Consensus is predicting 38% revenue growth in FY 2025 and 13% in FY 2026. Nevertheless, even solid growth expectations cannot safeguard the stock from macroeconomic shocks, valuation declines, or operational setbacks. With very little margin for error, any misstep could lead to a steep correction. How resilient is STX stock during a downturn? STX stock has performed worse than the benchmark S&P 500 index during several recent downturns. While investors remain hopeful for a soft landing for the U.S. economy, how severe could it get if another recession occurs? Our dashboard How Low Can Stocks Go During A Market Crash illustrates how key stocks performed during and after the last six market crashes. • STX stock decreased 58.2% from a high of $116.02 on 4 January 2022 to $48.49 on 3 November 2022, compared to a peak-to-trough decline of 25.4% for the S&P 500 • The stock fully recovered to its pre-Crisis peak by 27 May 2025 • Since then, the stock has risen to a high of $141.44 on 29 June 2025 • STX stock fell 35.6% from a high of $63.23 on 24 January 2020 to $40.73 on 20 March 2020, vs. a peak-to-trough decline of 33.9% for the S&P 500 • The stock fully recovered to its pre-Crisis peak by 4 December 2020 • STX stock dropped 89.1% from a high of $28.60 on 2 November 2007 to $3.11 on 23 January 2009, compared to a peak-to-trough decline of 56.8% for the S&P 500 • The stock fully recovered to its pre-Crisis peak by 18 April 2012 Valuation Currently, Seagate trades at 18x consensus 2025 earnings, significantly above its three-year average of only 5x. Its price-to-sales ratio has escalated to 3x, rising from 1.2x in FY 2022. Even its forward P/S of 3x surpasses the three-year average of 2.8x. In comparison, Western Digital (NASDAQ: WDC), a direct competitor, typically trades around 1x P/S during market downturns. Investor confidence is evidently reflected in the stock's elevated valuation—but with greater height comes a steeper potential fall. The average analyst price target of $125 suggests an 11% downside, even without factoring in a market correction. Considering the wider economic uncertainties, ask yourself this: Do you plan to hold onto your Seagate stock now, or will you panic and sell if it starts to drop to $100, $90, or even lower? Hanging onto a declining stock is never an easy task. Trefis partners with Empirical Asset Management—an investment firm in the Boston area—whose asset allocation strategies produced positive returns during the 2008-09 period when the S&P lost over 40%. Empirical has integrated the Trefis HQ Portfolio into its asset allocation framework to offer clients better returns and less risk compared to the benchmark index—a smoother journey, as evidenced in HQ Portfolio performance metrics.
