Western Digital Corp.

Western Digital is a developer, manufacturer, and provider of data storage devices and solutions. The company's portfolio of technology and products address the following markets: Client Devices, which consist of hard disk drives (HDDs) and solid state drives (SSDs) for computing devices, flash-based embedded storage products, and flash-based memory wafers and components; Data Center Devices and Solutions, which consist of enterprise HDDs and enterprise SSDs, data center software and system solutions; and Client Solutions, which consist of HDDs and SSDs embedded into external storage products and removable flash-based products, such as cards, universal serial bus flash drives and wireless drives.
  • TickerWDC
  • ISINUS9581021055
  • ExchangeNASDAQ Stock Market
  • SectorTechnology Hardware & Equipment
  • CountryUnited States
Wedbush Research

Wedbush Morning Call - Apr 12 2021 6:40AM

Dave Nicoski ...
  • Ross LaDuke

Vital Signs: Actionable charts

Key Points: • A number of significant Communications names are developing bullishly. (ex. GOOG, FB, and NWS) • Consumer Discretionary names continue to develop positively. (ex. THRM, LEA, WYNN, PENN, CMG, KMX, and AMZN) • Energy Sector names continue to attempt to carve out bottoms. (ex. OXY, VAL) • Financial Sector names continue to develop bullishly (ex. C, UMPQ, EWBC, TROW, MSCI, SPGI, GS, and MS)

Dave Nicoski ...
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

Dramatic improvement Encouraging developments continue to pour in. Over the past week we have seen dramatic improvements that could be setting the stage for a broad-based advance. We highlight these improvements below, along with what we would like to see in order to have confidence in labeling this a bull market. • 10-year Treasury yield. We continue to believe that a bottom in Treasury yields is necessary before we see a decisive breakout for the broad equity market. We are seeing signs of this bottom happening -- not only in the absolute chart of the 10-year Treasury yield, but also in ...

Dave Nicoski ...
  • Ross LaDuke

Vital Signs: Actionable charts

• A number of Healthcare names are pulling back to logical support areas. (ex. EW, EGRX, ARWR, RGEN, LCI, CTLT, and PBH) • The Technology Sector continues to have a number of technically attractive names that are pulling back to support levels. (ex. FORM, MKSI, NVDA, MU, SYNA, ANSS, COHR, and WDC) • Defensive Sectors such REITs and Consumer Staples remain leadership. (ex. LW, PEP, UHT, NSA, COR, and LSI)

Wedbush Research

Wedbush Morning Call - Apr 12 2021 6:40AM

Western Digital Corporation: Update after ratings affirmation

Large operating scale but elevated leverage and slow profitability growth in the near term. Expectations for large debt reduction and an eventual demand recovery support credit profile.

Moody's affirms Western Digital's Baa3 senior unsecured rating; outlook remains negative

Rating Action: Moody's affirms Western Digital's Baa3 senior unsecured rating; outlook remains negative. Global Credit Research- 19 Oct 2020. $12 billion of rated debt affected.

Western Digital Corporation - July 2020 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Moody's announces completion of a periodic review of ratings of Western Digital Corporation

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Western Digital Corporation. Global Credit Research- 29 Sep 2020. New York, September 29, 2020-- Moody's Investors Service has completed a periodic review of the ratings of Western Digital Corporation and other ratings that are associated with the same analytical unit.

Western Digital Corporation - April 2020 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Thanks to a better fundamental star rating, WESTERN DIGITAL sees an upgrade to Neutral

The independent financial analyst theScreener just awarded an improved star rating to WESTERN DIGITAL (US), active in the Computer Hardware industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 4 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date January 29, 2021, the closing price was USD 56.43 and its expected value was estimated at USD 50.14.

Systematic Ideas - US - Long Western Digital - 22 Nov

Deydun Markets' QuantLab team use systematic models with fundamental and quantitative inputs to generate signals on stocks, ETFs, indices, forex pairs and commodities for both investors and traders. We use a rigorous set of strategies to isolate the model that generates the profit curve that shows the most promise. A combination of systematic derivative, fundamental and technical analysis across varying time frames and approaches helps sift out the highest conviction, actionable signals which we publish. Our unique treatment of risk as a predictive input is one of the reasons why we are able ...

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