Why Tech Investors Prefer Seagate Over Western Digital After Earnings
Disk drive makers Seagate and Western Digital have posted huge gains over the past 12 months. Will the party continue for both companies?
Disk drive makers Seagate and Western Digital have posted huge gains over the past 12 months. Will the party continue for both companies?
If there was ever an indicator that the market is getting too rich, it may be insider selling, and we continued to see a landslide of such selling last week.
24/7 Wall St. tracked many analyst calls in Western Digital, and most analysts are raising their target prices, regardless of whether they already have Buy ratings or cautious ratings.
Despite the Baird prowess in small and mid-cap coverage, many of their top picks in technology remain the mega-cap leaders, and with good reason.
The top analyst upgrades, downgrades and initiations seen on Thursday morning include Chipotle Mexican Grill, Hilton, Macy's, Mastercard, Mylan, Valero Energy, Western Digital and Travelers.
Western Digital shares saw a handy gain early on Wednesday after the company issued an update to its fiscal second-quarter guidance.
The fantastic growth of cloud computing and storage continues to be one of the most incredible tech stories of the past 20 years.
While not all tech stocks can do the stock price swan dive and return stronger than before, it happens, and it does on a pretty regular basis.
The top analyst upgrades, downgrades and initiations seen on Thursday morning include Groupon, Merck, News Corp, Walt Disney, Vonage and Western Digital.
Seagate Technology has raised guidance and cited stronger demand than expected for the high-capacity enterprise hard disk drives.
top analyst upgrades, downgrades and initiations seen on Tuesday morning include Caterpillar, Illumina, Nike, Seagate Technology, Twitter, Tyson Foods and Western Digital.
RBC makes the case that the new products should be positive for Apple, and they should increase demand and unit sell through, which in turn should be a boost to the entire…
Western Digital has been on the slide for the past couple of years, but Wednesday morning offered a shot of life for the company.
The top analyst upgrades, downgrades and initiations seen on Wednesday morning include Cisco, Cree, Exxon Mobil, Hewlett Packard Enterprise, Urban Outfitters, Valeant Pharmaceuticals, Western Digital.
When Seagate Technology reported better-than-expected fiscal fourth-quarter financial results, it boosted shares of rival Western Digital as well.