Why Western Digital Is Poised to Outperform
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, disk drive specialist Western Digital has earned a coveted four-star ranking.
With that in mind, let's take a closer look at Western Digital and see what CAPS investors are saying about the stock right now.
Western Digital facts
Irvine, Calif. (1970)
Computer storage and peripherals
CEO Stephen Milligan (since 2012)
CFO Wolfgang Nickl (since 2010)
Return on Equity (average, past 3 years)
$3.8 billion / $2.1 billion
Sources: S&P Capital IQ and Motley Fool CAPS.
On CAPS, 95% of the 1,384 members who have rated Western Digital believe the stock will outperform the S&P 500 going forward.
I actually came across this one on an Earnings Surprise Screen. [Western Digital] handily beat estimates with very strong sales (not just cost cutting). Upon further evaluation, [Western Digital] is generating healthy amounts of cash, sporting a high ROIC, and it looks quite cheap (even at moderate growth projections). I think this has a lot of upside. Let's see where it goes.
If you want market-topping returns, you need to put together the best portfolio you can. Of course, despite its four-star rating, Western Digital may not be your top choice.
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The article Why Western Digital Is Poised to Outperform originally appeared on Fool.com.Fool contributor Brian Pacampara has no position in any stocks mentioned. The Motley Fool owns shares of EMC and Western Digital. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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