Western Digital Corporation (WDC): Share price cycles in bullish 'flag'

Sign Up | Log In | What is SocialPicks?

Western Digital Corporation (WDC): Share price cycles in bullish 'flag'
May 22, 2008 03:15 PM UTC

Larry Schutts

Return	Risk
-19.12%	MID

Tracked Blogger

Profile & Performance

Subscribe to author

Symbol	Sentiment	Start	Return	Closed
WDC		05/22/08	+2.20%	--
TGT	n/a
AMZN	n/a
ODP	n/a

Via BloggingStocks:

Filed under: Amazon.com (AMZN), Target Corp. (TGT), Office Depot (ODP), Technical Analysis, Stocks to Buy

Western Digital Corporation (NYSE: WDC) designs, develops, manufactures and markets hard drives. Its devices are used for non-volatile data storage in personal computers, servers, network storage, video game consoles, digital video recording devices and TV set-top boxes. The firm sells its products worldwide to manufacturers, distributors and such retailers as Amazon.com (NASDAQ: AMZN), Office Depot (NYSE: ODP) and Target (NYSE: TGT).

Shareholders were pleased last week, when Robert Baird issued positive remarks regarding Western Digital's prospects. Baird noted healthy overall trends in the hard disk drive industry and believed that Western's recent acquisition of Komag gave it a strategic advantage over many competitors. Also last week, Caris boosted its Western Digital unit estimates.

Continue reading Western Digital Corporation (WDC): Share price cycles in bullish 'flag'

Permalink | Email this | Comments

<map name="google_ad_map_145-1203228"><area href="http://imageads.googleadservices.com/pagead/imgclick/145-1203228?pos=0" shape="rect" coords="1,2,367,28" /><area href="http://services.google.com/feedback/abg" shape="rect" coords="384,10,453,23" /></map>

Read the rest of original post »

Add Comment

Be the first to comment on this story and earn 2 points.

Your Comment

IN THE PRESS

None of the information contained on SocialPicks.com constitutes a recommendation by SocialPicks or its users that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. SocialPicks is not responsible for the posts, discussions, and recommendations of the users on the Site. SocialPicks does not provide investment advice. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the website. SocialPicks' users' past results are not necessarily indicative of future performance. Neither SocialPicks nor any of its users guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the website. You understand and agree that you use the Site and Services at your own discretion and risk and that you will be solely responsible for any damages that arise from such use. Before acting on any information contained on the website, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.

Permalink | Email this | Comments<map name="google_ad_map_145-1203228"><area href="http://imageads.googleadservices.com/pagead/imgclick/145-1203228?pos=0" shape="rect" coords="1,2,367,28" /><area href="http://services.google.com/feedback/abg" shape="rect" coords="384,10,453,23" /></map>

Permalink | Email this | Comments

<map name="google_ad_map_145-1203228"><area href="http://imageads.googleadservices.com/pagead/imgclick/145-1203228?pos=0" shape="rect" coords="1,2,367,28" /><area href="http://services.google.com/feedback/abg" shape="rect" coords="384,10,453,23" /></map>