Western Digital Aktie News

While technology is not the only area of the stock market that's currently growing, it continues to be a major force in equities trading. And while the mega-cap tech stocks tend to get all the media and investor attention, there are many lesser known names that are also posting significant increases in their share prices and outperforming the broader market.

Western Digital Corp. is positioned for outperformance because of the memory/storage market recovery, in my opinion. I expect more upside for the stock supported by the Flash and HDD price recovery and the upcoming split.

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (NASDAQ: WDC) plans to announce its third quarter fiscal year 2024 financial results after the market closes on Thursday, April 25, 2024. The investment community conference call to discuss these results will be held that day at 1:30 p.m. Pacific / 4:30 p.m. Eastern. A live audio webcast and a webcast replay of the conference call will be...

Ahead of last earnings season, Cantor Fitzgerald analyst C.J. Muse advised investors not to overthink things.

Analysts are busy today issuing their notes before the week's end.

While the stock market exhibits signs of slowing down, the artificial intelligence hype persists, presenting investment opportunities for traders. Among these opportunities are lesser-known names that offer significant value and potential.

The artificial intelligence (AI) boom has accelerated revenues for various companies in the computer and technology sector. The obvious benefactor and leader of the AI wave is Nvidia Co. NASDAQ: NVDA, with its 90% market share of GPUs.

Evercore ISI analyst Amit Daryanani has initiated coverage of Western Digital with an Outperform rating.