Winning Stock Forecast: Western Digital Rises 24% in 7 Days

Winning Stock Forecast: Western Digital Rises 24% in 7 Days
(Source: Wikimedia Commons)

WDC Turns Potential Disaster Turned Into Stock Price Victory

Western Digital Corporation (WDC) rose 24% over the 7-day period from June 23rd to July 1st to close out Monday at $49.65. The rise could have grown even greater as WDC started the trading day at $50.41. The giant leap is WDC’s best weekly performance in the public market since July of 2012. The San Jose, California-based company conducts its work in a business-to-business (B2B) manner by developing, manufacturing, and selling data storage and data center devices and solutions.

AMZN Stock Forecast: The Cloud Dream Drives Amazon Surge

 

The article was written by Yutian Fang, Financial Analyst at I Know First and Master of Science in Finance candidate at Brandeis International Business School

AMZN Stock Forecast: The Cloud Dream Drives Amazon Surge

 Summary:

  • Robust performance in Q1 2018
  • Sustainable growth despite the intense competition
  • Currently I take hold position on AMZN as the current price is at the upper limit based on technical analysis

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