Monday, March 29, 2010

Stock Market Oracle pick of the week!

Western Digital Corporation (WDC)

This stock is a great undervalued buy.

Western Digital Corporation engages in the design, development, manufacture, and sale of hard drives worldwide. The company's hard drives are used in desktop computers, notebook computers, enterprise storage, workstations, video surveillance equipment, networking products, digital video recorders, satellite and cable set-top boxes, and external storage appliances. Western Digital Corporation sells its products to original equipment manufacturers and original design manufacturers for inclusion in computer systems or subsystems, distributors, resellers, and retailers. It has a collaboration agreement with NEC Electronics Corp. to promote the SuperSpeed Universal Serial Bus 3.0 standard, an interface to be used in a range of electronic devices, including personal computers (PC), PC peripherals, and digital appliances.

Entry point: $40.00 or below
Exit point: $50.00
time frame: 3-4 months

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