Strong Upside Potential For Western Digital Stock?
- Date: 05-Oct-2020
- Source: Forbes
- Sector:Technology
- Country:GCC
Strong Upside Potential For Western Digital Stock?
SAN ANSELMO, CA - OCTOBER 21: In this photo illustration, the Western Digital logo is displayed on ... [+] an external hard drive on October 21, 2015 in San Anselmo, California. Computer data storage company Western Digital announced plans to acquire flash memory storage maker SanDisk for $19 billion. (Photo Illustration by Justin Sullivan/Getty Images)
2015 Getty Images
We believe Western Digital stock (NASDAQ: WDC) has the potential for strong gains once fears surrounding the Covid outbreak are put to rest. Western Digital trades at $36 currently and has lost 41% in value so far this year. Further, it traded at a pre-Covid high of $69 in February, and currently trades at around 47% lower than that level. Despite the pandemic, WDC's full year
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