Western Digital Corp (WDC) has been attracting heavy investor attention with numerous notable investment firms increasing their stock positions, including Wealth Enhancement Advisory Services LLC, KBC Group NV, Sumitomo Mitsui DS Asset Management Company Ltd, Asset Management One Co. Ltd, and Illinois Municipal Retirement Fund. Many believe WDC presents huge upside potential, contributing to the company's stock surge and hitting a new one-year high. The company is also named among billionaire investors Paul Singer's and Stanley Druckenmiller's top stock picks. Prominent analysts from Morgan Stanley and Bank of America express bullish views, raising WDC's target price. They have also adopted a proactive approach to reducing debt with a bold $1.8 billion move and authorized a new $2.0 billion share repurchase program, aiming to increase shareholder value. However, it has been observed that the stock's recent performance didn't follow the market trend, raising some questions, while others remain bullish, considering WDC as one of the best aggressive growth and undervalued stocks to buy.
Western Digital Corp WDC News Analytics from Mon, 02 Dec 2024 08:00:00 GMT to Sat, 05 Jul 2025 20:15:12 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor 3
