Western Digital Corporation (WDC) rated Buy with price target $40 by Brean Murray
Brean Murray rated Buy Western Digital Corporation (NASDAQ: WDC) on 01/19/2011. Previously Brean Murray rated Buy Western Digital Corporation (NASDAQ: WDC) on
07/27/2007., when the stock price was $21.45. Since then, Western Digital Corporation has gained 374.13% as of 11/21/2014's recent price of $101.70. If you would have followed the previous Brean Murray's recommendation on WDC, you would have gained 374.12% of your investment in 2674 days.
Western Digital Corporation
(WD) designs, develops, manufactures and sells hard drives. The Company sells its products worldwide to original equipment manufacturers (OEMs) and original design manufacturers (ODMs) for use in computer systems, subsystems or consumer electronics (CE) devices, and to distributors, resellers and retailers. Its hard drives are used in desktop computers, notebook computers, and enterprise applications, such as servers, workstations, network attached storage, storage area networks and video surveillance equipment. Additionally, its hard drives are used in CE applications, such as digital video recorders (DVRs), and satellite and cable set-top boxes (STBs). WD also sells its hard drives as stand-alone storage products and integrates them into finished enclosures, embedding application software and offering the products as WD-branded external storage appliances. On March 27, 2009, it completed the acquisition of SiliconSystems, Inc.
Our equity research department is focused on fundamental analysis across the universe of over 200 small/mid cap stocks in our five target sectors. We are committed to providing proprietary action-oriented research to our institutional clients.
Small cap growth focus. Our primary area of concentration is growth stocks with market capitalization of $200 million to $5 billion.
Global perspective. We are covering U.S. listed stocks for companies domiciled in the U.S., China, Europe and Latin America, with our biggest concentration in the US and China. We were one of the first banks to aggressively expand our research to China and we believe we created one of the premier research franchises in small cap, U.S. listed Chinese companies to complement our strong domestic coverage.
Disciplined stock selection. Our research analysts are focused on performing extensive bottoms up due diligence on companies under our coverage by leveraging their industry and management contacts. By combining our bottoms up work with our sector views we seek to generate a consistent flow of high conviction ideas for our clients.
Diversified coverage. Our areas of expertise include technology, consumer, healthcare, resources and China small cap. We provide our clients with company-specific as well as sector-specific research across our target sectors.