Western Digital stock is riding a strong memory-chip rally, with a near 6 percent move and fresh fis

Western Digital (WDC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Western Digital stock has advanced on renewed optimism around AI-driven storage demand, even as rece

Western Digital director Stephanie Streeter’s family trust sold 5,600 shares across August 31 and September 1 for $2,519,280. The prices ranged from $447.06 to $455, and the trust retained 34,807 shares after the transactions. Western Digital Corporation (NASDAQ:WDC) had climbed roughly 448% over the 12 months through September 2, so the sale landed when investors […]

Western Digital stock has posted a very large 3 year gain while the broader valuation checks still lean cheap, so the recent share price strength and the current multiples are pointing in different directions for investors to weigh. With the stock back in focus after trade and policy headlines, the question is how much of that move is already reflected in today’s price. Over the past 3 years Western Digital has returned about 13x. This puts extra pressure on today’s buyers to be clear about...

A number of stocks jumped in the afternoon session after investors shrugged off interest rate hike expectations following the August jobs report and unwound defensive positioning in beaten-down chip designers, according to Bloomberg. The U.S. Bureau of Labor Statistics reported that employers added 162,000 nonfarm payroll jobs in August, easily beating estimates of a 56,000 increase from economists polled by FactSet. The agency also reported that the national unemployment rate held steady at 4.1

A broad memory bid swept through storage stocks Friday afternoon while the rest of the market softened, and the divergence between one sector ETF and the S&P 500 tells a story that goes well beyond a pair of NAND names catching a bid.

What Happened? A number of stocks jumped in the afternoon session after investors shrugged off interest rate hike expectations following the August jobs repo...

Western Digital (WDC) reported earnings 30 days ago. What

Memory stocks are surging into a rate-hike headwind that crushed the rest of the chip complex, and whether that split reflects a durable pricing cycle or an overstretched trade is the question every NAND investor needs to answer before next week.

Western Digital stock is under pressure as storage chip peers retreat, with recent earnings showing

Some Western Digital Corporation ( NASDAQ:WDC ) shareholders may be a little concerned to see that the Lead Independent...