This Boring Cloud Computing Stock Is a High-Yield Dividend Dream

Investing in manufacturing businesses can be a wild ride, and the semiconductor industry is no exception. Sensitive to supply and demand trends and driven by event-like hardware upgrade cycles, these tech stocks can yield some incredibly wild swings in price. Seagate Technology (NASDAQ: STX) is coming out of a multi-year cyclical downturn along with its peers in the memory industry, driven by strong demand for cloud computing during this coronavirus-influenced year.