Skip to Content

Thursday, September 24th, 2020

Teradata : Pre-Market Technical Recap on Data Storage Devices Stocks — Seagate Technology, Western Digital, Pure Storage, and Teradata

by September 21, 2017 General

NEW YORK, September 21, 2017 /PRNewswire/ —

If you want a Stock Review on STX, WDC, PSTG, or TDC then come over to and sign up for your free customized report
today. The Digital Storage Devices market is projected to grow at a CAGR of 24.67% during
2017-2022, to reach US$7.830 billion by 2022 from US$2.600 billion in 2017, according to
WiseGuyReports. Increasing volume of data, primarily because of rapidly digitizing
end-user industries like banking, government and healthcare, among others, is driving the
digital storage devices market. This morning, monitors four Data
Storage Devices stocks, namely: Seagate Technology PLC (NASDAQ: STX), Western Digital
Corp. (NASDAQ: WDC), Pure Storage Inc. (NYSE: PSTG), and Teradata Corp. (NYSE: TDC). Daily
Stock Tracker provides great insights on these stocks in its free research reports at:

Seagate Technology 

Ireland headquartered Seagate Technology PLC’s shares rose 0.62%, finishing
Wednesday’s trading session at $32.38. A total volume of 4.59 million shares was traded.
In the last month, the stock has advanced 2.92%. The Company’s shares are trading below
their 50-day moving average by 3.91%. Moreover, shares of Seagate Technology, which
provides data storage technology and solutions in Singapore, the US, the Netherlands, and
internationally, have a Relative Strength Index (RSI) of 44.43.

On September 11th, 2017, research firm Jefferies downgraded the Company’s stock rating
from ‘Buy’ to ‘Hold’.

On September 18th, 2017, Seagate Technology announced the signing of a strategic
cooperation agreement with Baidu, the leading Chinese language Internet search provider.
The pact renews an existing agreement between the two firms signed in September 2014,
under which Baidu would give priority to Seagate when selecting storage products and
solutions, and Seagate would give advanced access to products, services and support to
Baidu, as well as assign a dedicated team of engineers to the Company. Free research
report on STX is available at:

Western Digital 

On Wednesday, shares in California headquartered Western Digital Corp. recorded a
trading volume of 7.76 million shares, which was above their three months average volume
of 4.33 million shares. The stock ended the session 3.95% lower at $86.37. The Company’s
shares have gained 2.99% in the last one month and 27.11% on an YTD basis. The stock is
trading 5.07% above its 200-day moving average. Furthermore, shares of Western Digital
have an RSI of 43.73.

On September 14th, 2017, Western Digital announced the new G-Technology(R) brand
G-DRIVE(R) mobile SSD R-Series device, the fastest G-Technology portable SSD. With the
latest-generation USB-C(TM) connectivity and transfer speeds up to 560MB/s, digital
content creators will be able to unleash their creativity in new places and work with
large creative files like videos, photos, and music faster. The complimentary research
report on WDC can be downloaded at:

Pure Storage 

Shares in California headquartered Pure Storage Inc. closed at $14.83, climbing 0.68%
from the last trading session. The stock recorded a trading volume of 1.08 million shares.
The Company’s shares have gained 16.77% in the last one month, 15.32% over the previous
three months, and 31.12% since the start of this year. The stock is trading 9.81% and
23.62% above its 50-day and 200-day moving averages, respectively. Additionally, shares of
Pure Storage have an RSI of 61.11.

On August 30th, 2017, Pure Storage announced that Major League Baseball franchise, the
San Diego Padres, has selected FlashStack(TM), a joint solution from the Company and Cisco,
to run all mission-critical operations and improve overall fan engagement. With
FlashStack, the Padres’ 70-plus person sales team has uninterrupted access to critical
customer data, which provides the team with a complete, 360-view of each fan in and out of
the ballpark and enables a more unique, personalized fan experience. Visit today and access our complete research report on PSTG at:


Ohio headquartered Teradata Corp.’s stock ended 0.67% higher at $33.20 with a total
trading volume of 1.46 million shares. The Company’s shares have advanced 10.15% in the
last one month, 14.48% over the previous three months, and 22.19% on an YTD basis. The
stock is trading above its 50-day and 200-day moving averages by 7.36% and 11.38%,
respectively. Furthermore, shares of Teradata have an RSI of 68.94.

On September 11th, 2017, research firm Needham initiated a ‘Hold’ rating on the
Company’s stock.

On September 19th, 2017, Teradata announced that Andeavor, a Fortune 150 highly
integrated marketing, logistics, and refining company, is realizing excellent results from
its Teradata Analytic Platform. Andeavor operates ten refineries with a combined capacity
of approximately 1.2-million barrels per day in 18 states, mainly the mid-continent and
western US. The use of the Teradata system radically accelerates information processing,
saving the refining business millions of dollars a year.  Get free access to your research
report on TDC at:

Daily Stock Tracker: 

Daily Stock Tracker (DST) produces regular sponsored and non-sponsored reports,
articles, stock market blogs, and popular investment newsletters covering equities listed
on NYSE and NASDAQ and micro-cap stocks. DST has two distinct and independent departments.
One department produces non-sponsored analyst certified content generally in the form of
press releases, articles and reports covering equities listed on NYSE and NASDAQ and the
other produces sponsored content (in most cases not reviewed by a registered analyst),
which typically consists of compensated investment newsletters, articles and reports
covering listed stocks and micro-caps. Such sponsored content is outside the scope of
procedures detailed below. 

DST has not been compensated; directly or indirectly; for producing or publishing this


The non-sponsored content contained herein has been prepared by a writer (the “Author”)
and is fact checked and reviewed by a third party research service company (the
“Reviewer”) represented by a credentialed financial analyst [for further information on
analyst credentials, please email [email protected] Rohit Tuli, a CFA(R)
charterholder (the “Sponsor”), provides necessary guidance in preparing the document
templates. The Reviewer has reviewed and revised the content, as necessary, based on
publicly available information which is believed to be reliable. Content is researched,
written and reviewed on a reasonable-effort basis. The Reviewer has not performed any
independent investigations or forensic audits to validate the information herein. The
Reviewer has only independently reviewed the information provided by the Author according
to the procedures outlined by DST. DST is not entitled to veto or interfere in the
application of such procedures by the third-party research service company to the articles,
documents or reports, as the case may be. Unless otherwise noted, any content outside of
this document has no association with the Author or the Reviewer in any way.  


DST, the Author, and the Reviewer are not responsible for any error which may be
occasioned at the time of printing of this document or any error, mistake or shortcoming.
No liability is accepted whatsoever for any direct, indirect or consequential loss arising
from the use of this document. DST, the Author, and the Reviewer expressly disclaim any
fiduciary responsibility or liability for any consequences, financial or otherwise arising
from any reliance placed on the information in this document. Additionally, DST, the
Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or
correct sequencing of the information, or (2) warrant any results from use of the
information. The included information is subject to change without notice. 


This document is not intended as an offering, recommendation, or a solicitation of an
offer to buy or sell the securities mentioned or discussed, and is to be used for
informational purposes only. Please read all associated disclosures and disclaimers in
full before investing. Neither DST nor any party affiliated with us is a registered
investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To
download our report(s), read our disclosures, or for more information, visit


        For any questions, inquiries, or comments reach out to us directly. If you're a company
         we are covering and wish to no longer feature on our coverage list contact us via
         email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: 
        Email: [email protected] 
        Phone number: (207)331-3313 
        Office Address: 377 Rivonia Boulevard, Rivonia, South Africa 

CFA(R) and Chartered Financial Analyst(R) are registered trademarks owned by CFA