Seagate/Western Digital (STX/WDC) - now this is a bit strangeSeagate Technology Holdings PLCBATS:STXTrinityAlexThis is a bit strange and unexpected. I think STX should drop to the 450 level before the end of the year. From my perspective this stock is currently very much supported by the AI bubble and the sensational news feeds. As for the actual situation, there is practically a duopoly in the Hard Disk industry, there being only two major producers in the world, Western Digital WDC , having about 45% market share, and Seagate, having about a 40% market share. The rest is held by Toshiba, ~15% market share. Given the situation, I'm highly surprised by this price difference as currently the P/E ratio for Seagate is 66.41x, while for WD it's a much more down-to-earth 20.13x. Per the latest 2026 data, Seagate had 12.2 B revenue, 3.18 B USD Net income 26.11% Net margin, while WD had 12.92 B revenue and a whopping 9.42B USD Net income (73% Net margin). I mean clearly, WD is the better stock to buy... my current guess is that it's just less known? Lastly, while indeed the capacity for Hard Disks is great, once the memory supply gets resolved, the future is very likely going to be SSD's. While previously Western Digital had acquired San Disk, a memory producer for SSD's, and their offerings were very competitive in the market, unfortunately they have decided to spin it off into its own separate company (SNDK) (interesting decision made by WD). Nevertheless, the bottom line from my side is that speculation for this stock is at an all time high. This is easily proven, given the extreme volatility of the stock, which is quite frequently exceeding -+ 10% value in a single trading day. I think it will have a proper pull-down to the previous proper support level quite soon.