Is Seagate (STX) The Best AI Stock to Buy According to American Politicians?

According to disclosures connected Oct. 22, Congresswoman Lisa McClain’s spouse bought a involvement successful Seagate Technology Holdings PLC (NASDAQ:STX) worthy betwixt $15,001 – $50,000 connected September 8. Since this trade, the banal is up astir 42%.

Seagate Technology Holdings PLC (NASDAQ:STX) has been gaining involvement from investors arsenic an AI play connected the backmost of rising retention request owed to the expanding usage of AI videos. James Van Geelen, the laminitis and portfolio manager astatine Citrini Research, precocious explained successful item wherefore Seagate Technology Holdings PLC (NASDAQ:STX) stands for payment from the AI boom. Read his thesis here.

While we admit the imaginable of STX arsenic an investment, our condemnation lies successful the content that immoderate AI stocks clasp greater committedness for delivering higher returns and person constricted downside risk. If you are looking for an highly inexpensive AI banal that is besides a large beneficiary of Trump tariffs and onshoring, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.