Western Digital (WDC)

Description

Western Digital (NYSE: WDC) is the second largest manufacturer of hard drives. The company produces drives for use in desktops, mobile devices, enterprise, and consumer electronics, and sells components to original equipment manufacturers (OEMs).

Western Digital controls 22% of the hard drive market, and its competitors are Seagate, Hitachi, Samsung, Toshiba, and Fujitsu.

Key Numbers

Explore more WDC Data at Wikinvest

Recent News

Hard Drive Markets Growth Prospects Good

Western Digital (WDC) Showing Bearish Technicals But Gets 5 Star Strong Buy Rating From S&P

Reasons to Buy

·      WDC’s offerings cover 90% of the market right now

·      Strong growth in the mobile computing market

Reasons to Sell

·      Flash Memory and Portable Media Drives threat to conventional hard disks

Recommendation : HOLD








References : Wikinvest, Yahoo Finance