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

We recently published 10 Best AI Stocks to Buy According to American Politicians. Seagate Technology Holdings (NASDAQ:STX) is one of the best AI stocks to buy.

According to disclosures on Oct. 22, Congresswoman Lisa McClain’s spouse bought a stake in Seagate Technology Holdings PLC (NASDAQ:STX) worth between $15,001 – $50,000 on September 8. Since this trade, the stock is up about 42%.

Seagate Technology Holdings PLC (NASDAQ:STX) has been gaining interest from investors as an AI play on the back of rising storage demand due to the increasing usage of AI videos. James Van Geelen, the founder and portfolio manager at Citrini Research, recently explained in detail why Seagate Technology Holdings PLC (NASDAQ:STX) stands for benefit from the AI boom. Read his thesis here.

While we acknowledge the potential of STX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

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