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Western Digital Corp.

  • Why Apple Needs Debt...

    By Reuben Brewer - May 17, 2013 | Tickers: AAPL, MSFT, STX, WDC

    Technology giant Apple (NASDAQ: AAPL) recently announced it would increase its dividend and buy back shares. The company plans to use debt to fund these shareholder friendly moves. For a cash rich company that doesn't sound like it makes much sense, but it does.

    Apple Grows up

    Apple has seen its highs and lows throughout its history. After the company ousted Steve Jobs it spiraled into near obsolescence. After more »

  • Time is Running Out for This Storage Solutions Provider

    By Nick Chiu - May 15, 2013 | Tickers: STX, STEC, WDC

    sTec (NASDAQ: STEC) is a leading global provider of enterprise-class solid-state storage solutions, and the company recently delivered a not-so-surprising Q1 report. The revenue was $22 million, which was in-line with analysts’ expectations. Non-GAAP diluted loss per share was $0.41, which was slightly better than analysts’ estimate of $0.42 per share. However, sTec closed with over a 7.5% drop upon its earnings release. Clearly investors are worried more »

  • Buy This Leader of Data Storage and Avoid the Rest

    By Shmulik Karpf - May 13, 2013 | Tickers: EMC, NTAP, WDC

    I believe that the data storage industry is one of the more interesting industries out there. As technology becomes more advanced and more popular in third-world countries, the pending question will become not how to create data, but rather, how to store it in an optimal way that allows a swift yet secure access to it.

    Many investors believe that the future of data storage will grow to be many more »

  • The Profitable Play on the Hard Drive Business

    By Anh HOANG - May 13, 2013 | Tickers: EMC, STX, WDC

    Would you like to invest in a profitable, high return business that has recently experienced significant growth? In addition, this company is still quite cheaply valued. It is Western Digital (NASDAQ: WDC). Since November 2012, the stock has advanced 77%, from $33.40 per share to nearly $59 per share. Western Digital is still in the portfolio of several famous investors including David Einhorn, Joel Greenblatt, and Paul Tudor Jones more »

  • The Next Casualty of the PC’s Decline

    By Salvatore "Sam" Mattera - May 11, 2013 | Tickers: SSNLF, STX, WDC

    The traditional PC is in decline. Sales of PCs fell by 14% in the first quarter of the year, the worst drop on record. As sales have declined, PC-related stocks have struggled.

    Increasingly, consumers are opting for mobile devices over traditional PCs, while business users are finding that their existing devices are still more than capable of handling the necessary software tasks.

    But even if you think the death of more »

  • Chanos Is Right ... Partially!

    By Brian Nichols - May 10, 2013 | Tickers: STX, WDC

    Shares of hard-disk drive (HDD) companies Seagate Technologies (NASDAQ: STX) and Western Digital (NASDAQ: WDC) saw weakness on Thursday after a bearish outlook from famed investor James Chanos at the Sohn conference. While Chanos did not comment on Western Digital, his “bet against” Seagate was enough to weaken the industry. Personally, I have always been a buyer of Seagate, but I may actually agree with Chanos, at least partially.

    Chanos more »

  • Not All Is Dead For This PC Parts Supplier

    By Mike Thiessen - May 8, 2013 | Tickers: INTC, NVDA, WDC

    NVIDIA (NASDAQ: NVDA) recently announced a $1.2 billion share repurchase program, 15% of its current market cap of $7.96 billion. The company also distributes capital to shareholders with a $50 million quarterly dividend. The stock has traded in the mid-teens for the past 18 months and has underperformed the NASDAQ Index by 12.5% over the past 12 months.

    The company also hosted an Analyst Day earlier this more »

  • 2 Concerns for this Hard Disk Drive Leader

    By Brian Nichols - May 6, 2013 | Tickers: STX, WDC

    Seagate Technology (NASDAQ: STX) has been one of my favorite stocks for many years -- in my book, Taking Charge With Value Investing (McGraw-Hill, 2013), I described it as the quintessential example of a value investment. While I am still holding today, and don’t yet have plans to sell, there were two things that bothered me from the company’s market-moving quarter.

    Earnings at a Glance

    During the final two more »

  • The PC Is Dead: Buy Hard Drives

    By Reuben Brewer - April 29, 2013 | Tickers: AAPL, STX, WDC

    According to research firm IDC first quarter personal computer (PC) shipments were down by nearly 14%. That's a worrisome decline that scared investors out of just about every PC related stock. Still, even if tablet computers are killing PCs, there's plenty of life in the internet's storage providers.

    A hard hit

    A 14% decline is a hard hit for the PC market. David Daoud of IDC summed more »

  • Should You Buy These Two Hard Drive Makers?

    By Leo Sun - April 24, 2013 | Tickers: FIO, STX, WDC | Editor's Choice

    The digital storage industry is evolving, and there are two game-changing companies that every tech investor should be familiar with: Western Digital (NASDAQ: WDC) and Seagate Technology (NASDAQ: STX). Western Digital and Seagate produce the majority of the world’s hard disk drives (HDDs), controlling 45% and 42% of the market, respectively. However, two concerns have weighed on these two companies over the past few years -- the rapid decline of more »

  • Western Is Headed North, For Now

    By Victor K. - April 22, 2013 | Tickers: STX, TOSBF, WDC

    Western Digital Corp's (NASDAQ: WDC) stock is up by about 18% over the past year, easily outperforming both the NASDAQ and S&P 500 -- they delivered 4% and 11%, respectively.  Will Western Digital continue its northbound ascent, or is it due for a tumble? 

    Overview 

    Western Digital is a $12 billion technology company based in the US.  It's one of the largest manufacturers of hard disk drives (HDD more »

  • This Hard Drive Maker Needs to Adapt, and Soon!

    By Matthew Frankel - April 22, 2013 | Tickers: SNDK, STX, WDC

    Seagate Technology (NASDAQ: STX) is one of the largest hard drive manufacturers in the world.  With disappointing PC sales numbers, combined with a shift toward solid state and flash memory, does Seagate still have a bright future ahead of it, or is an investment in Seagate like investing in a dying technology?  Also, if Seagate is to survive, how do they plan on adapting to the changing computing landscape?  With more »

  • IBM Earnings: Taxes, Easter and Lenovo

    By Wes Patoka - April 22, 2013 | Tickers: DELL, IBM, WDC

    IBM (NYSE: IBM) posted top-line revenue of $23.4 billion, which was down 5% year over year, but it did post increased bottom-line earnings of 8% year over year. IBM’s big initiatives of a smarter planet and cloud computing were up over 25% and 70%, respectively. As these items continue to grow, they will contribute to greater portions of IBM’s earnings.

    IBM has stated that it will shift more »

  • Microsoft Isn't Dead; Here's How to Play the PC

    By Jordan Wathen - April 12, 2013 | Tickers: MSFT, STX, WDC

    Microsoft (NASDAQ: MSFT) investors took a bath as Goldman Sachs analysts downgraded the company from neutral to sell. Goldman updated its research, which they suggest shows a perpetual and accelerating decline in PC sales and Microsoft market share.

    Analysts see Microsoft's PC market share falling to 65% in 2013 and 59% in 2014, down from 73% in 2012. This comes as many are talking about the death of the more »

  • The War of the Hard Disks

    By Shas Dey - April 10, 2013 | Tickers: SNDK, STX, WDC

    Gartner recently said in a report that all connected devices (i.e. PCs, tablets and mobile phones) are expected to grow 9% this year to 2.4 billion units, but also mentioned that the mix is changing. It is a well known fact that there is an increasing shift in consumer preferences towards smartphones and tablets leading to a decline in PC shipments; as per Gartner, it is expected to more »

  • The War Of The Hard Disks

    By Shas Dey - April 6, 2013 | Tickers: SNDK, STX, WDC

    Gartner recently said in a report that all connected devices i.e. PCs, tablets and mobile phones are expected to grow 9% this year to 2.4 billion units, but also mentioned that the mix is changing. It is a well-known fact that there is an increasing shift in consumer preference to smartphones and tablets leading to a decline in PC shipments and as per Gartner it is expected to more »

  • Solid State Drives are Not the End of Seagate

    By Nihar Patel - April 5, 2013 | Tickers: SNDK, STX, WDC

    I have built a few computers for myself over the years, and I remember when large amounts of storage used to be a significant cost. If it came down to more processing power, more RAM, and a better video card or more storage, I always come to the conclusion that I would just erase stuff. Now you can get a few terabytes for relative pennies. By sheer happenstance, I always more »

  • Western Digital’s Strategic Investment: A Big Deal?

    By Anindya Batabyal - March 25, 2013 | Tickers: SNDK, STX, WDC

    Western Digital (NASDAQ: WDC), the leading manufacturer of digital storage devices, announced on March 12 that the company has made a strategic investment in Skyera, an solid-state drive (SSD) start-up. Western Digital Capital, the investment arm of the hard-drive giant, co-invested in the $51 million round as an extension of the strategic relationship between the two companies that also includes joint-technology development. Western Digital previously funded Skyera as an initial more »

  • SSD Growth Positive for SanDisk, But Where is Value?

    By Anindya Batabyal - March 8, 2013 | Tickers: SNDK, STX, WDC

    SanDisk (NASDAQ: SNDK) is the global leader in Flash Memory Storage technology, and is one of the most preferred brands in NAND chips for mobile devices (SD cards). SanDisk’s stock has risen over 10% during 2013 so far, primarily on the encouraging results it posted for Q4 2012.

    The stock’s ascent is justified due to the growth SanDisk posted in the solid-state drive (SSD) division, which makes up more »

  • Are We On The Brink Of Tech Revolution? Consider These Stocks

    By David Gould - March 8, 2013 | Tickers: GOOG, STX, WDC

    Leading economist Paul Krugman recently stated that "we are on the brink of a technology revolution that will transform our economy". While this may be a time to buy tech ETFs, one should understand that revolutions often bring causalities. The PC has been largely speculated as one casualty. Elsewhere, Internet-focused companies are seen as positioned for the upside. Below, I focus on two very different companies focused on different parts more »

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