Western Digital At Cheapest Stock Price Ever
Despite strong fundamental story
By Jean Jacques Maleval | May 14, 2018 at 2:23 pmTo read this article from Seeking Alpha, click on:
Western Digital At Its Cheapest Price Ever
Despite a strong fundamental story, Western Digital’s stock is at its lowest valuation in history (based on its PE ratio).
Investor fears over the cyclical nature of Western Digital’s industry are overblown, and the stock represents fantastic future value.
The strong confluence of technical support at WDC’s current price should limit any further downside.