Tuesday, January 18, 2011

Stock to watch: Seagate Technology (STX)

Here is my next research project.

Seagate Technology symbol STX

Seagate Technology designs, manufactures, markets, and sells hard disk drives for the enterprise, client compute, and client non-compute market applications in the United States and internationally. The company's products are used in enterprise servers; mainframes and workstations; desktop and notebook computers; digital video recorders; personal data backup systems; portable external storage systems; and digital media systems. It also offers data storage services for small- to medium-sized businesses, including online backup, data protection, and recovery solutions; and ships external backup storage solutions under the Free Agent Go and Free Agent Go Flex product lines. Seagate Technology sells its products primarily to original equipment manufacturers, distributors, and retailers.

Seagate is a beat down possible gem. so far my research shows that Seagate's is a better more efficient comapny than it's closest competitor Western Digital (WDC). The both make about the same cash per year and also have roughly the same market cap. However seagate's margins so far look much better and their p/e and peg ratio is lower than western digital. check them out and let me know what you think. As I do more research i will be checking in. Thanks for reading. Happy investing

Thursday, January 13, 2011

Potential Buying Opportunity: Apple (AAPL)

Apple Inc.

Together with subsidiaries, designs, manufactures, and markets personal computers, mobile communication and media devices, and portable digital music players, as well as sells related software, services, peripherals, networking solutions, and third-party digital content and applications worldwide. The company sells its products worldwide through its online stores, retail stores, direct sales force, third-party wholesalers, resellers, and value-added resellers. In addition, it sells third-party Mac, iPhone, iPad, and iPod compatible products, including application software, printers, storage devices, speakers, headphones, and other accessories and peripherals through its online and retail stores; and digital content and applications through the iTunes Store. The company sells its products to consumer, small and mid-sized business, education, enterprise, government, and creative markets. As of September 25, 2010, it had 317 retail stores, including 233 stores in the United States and 84 stores internationally. The company, formerly known as Apple Computer, Inc., was founded in 1976 and is headquartered in Cupertino, California.

Summary:
Apple is a monster. We all know this by now. They come out with a new product every year. From ipods to ipads to iphones to itunes. They make money. They are more efficient than their competitors. Best thing of all is Apple is undervalued. Much more undervalued than their competitors. currently analyst's are setting price targets at $450 so there is plenty of room to make great returns.