Forecast came true

Western Digital Oversold: PT $95
5 august

Western Digital - WDC - is oversold

WDC, Western Digital Corporation

From $95 to $81, the markets are selling WDC because Seagate - STX - forecast weak results ahead. Yet STX does not have a NAND storage solution aka SSDs. WDC bought Sandisk and is strategically positioned to capitalize on growth.

STX: creeping higher.

STX, Seagate Technology.

Caveat: Micron - MU - is pulling back and creating a very good entry point for value investors:

MU, Micron Technology, Inc.

Markets are forward-thinking: Is MU stock down as SSD demand weakens? Time will tell.

WDC PT $90 - $95.

Answered:
8 people

Western Digital Oversold: PT $95

Agreed
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Forecast came true

Closing forecast date is incorrect. This will be reposted.