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Fly News Breaks for June 6, 2018
WDC, STX
Jun 6, 2018 | 08:10 EDT
After comparing the valuation, portfolio positioning, pricing, and gross margin trajectories of Seagate (STX) and Western Digital (WDC), Morgan Stanley analyst Katy Huberty concluded that both stocks "appear cheap for the long-term" given the exponential data growth in the next computing cycle, dubbed "the Data Era." In the nearer-term, however, concerns around NAND pricing lead Huberty to keep an Equal Weight rating on Western Digital and express a preference for Seagate, on which she has an Overweight rating.
News For STX;WDC From the Last 2 Days
WDC
Apr 22, 2024 | 16:28 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
WDC
Apr 22, 2024 | 12:15 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here