WDC - Buy This Undervalued Stock Before Everyone Else Does
There are plenty of undervalued stocks on the market these days. Market makers backed away from risky investments and richly valued stocks over the last four months, and the downturn dragged down the stocks of many fantastic businesses.
On top of the broader market's downswing, data storage giant Western Digital (NASDAQ: WDC) recently had to halt production in two major manufacturing hubs for a couple of weeks.
The stock has now fallen 42% from last summer's multi-year highs, including a 35% drop from January's short-lived recovery. Western Digital's stock is found at the bottom of Wall Street's bargain bin, and it looks like a no-brainer buy right now.
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Buy This Undervalued Stock Before Everyone Else Does