The Open Question Under Seagate Stock's Price

Seagate Technology (STX) has been raising the price of its hard disks, but maintaining those increases could get difficult if storage becomes easier to buy. This matters at today's share price, because the stock trades at 56.9 times earnings, compared to 21.5 for the S&P 500. Now, a competitor's expansion plan has investors worried about Seagate's pricing power.