Western Digital Corporation (NASDAQ:WDC) is one of the stocks on Jim Cramer’s recent game plan. Cramer mentioned the stock during the episode and remarked:
We’ve also got an important analyst meeting on Tuesday. I’m talking about… Western Digital. Oh boy, this is critical because we just got their earnings this week. They were great, and yet the stock still went down. We have to find out what that’s about. Western Digital stock has been one of the best performers of this era, but this storage device company truly is part of the problem now, not the solution, when it comes to its customers. Sandisk, Western Digital, Seagate didn’t see the strength of its clients coming, especially the data center demand.
A laptop and a computer monitor display a detailed stock market technical analysis chart. Photo by Jakub Zerdzicki on Pexels
Western Digital Corporation (NASDAQ:WDC) designs and supplies data storage solutions, including internal and external hard drives, portable drives, data center platforms, NAS systems, and related accessories.
While we acknowledge the potential of WDC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
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