Professional
Added to YB: 2024-07-24
Pitch date: 2024-06-30
WDC [bullish]
Western Digital Corporation
+199.9%
current return
Author Info
No bio for this author
Company Info
Western Digital Corporation develops, manufactures, and sells data storage devices and solutions based on hard disk drive (HDD) technology in the United States, Asia, Europe, the Middle East, and Africa.
Market Cap
$60.3B
Pitch Price
$57.37
Price Target
N/A
Dividend
0.28%
EV/EBITDA
21.00
P/E
24.64
EV/Sales
6.15
Sector
Technology Hardware, Storage and Peripherals
Category
growth
Parnassus Mid Cap Fund New Position: Western Digital Corporation
WDC: Memory chip & HDD maker. Earnings expectations too low. Semiconductor industry has strong secular tailwinds. Potential for significant upside as market underestimates future earnings. Re-initiated position based on in-house expertise and industry knowledge.
Read full article (1 min)