- EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- Western Digital Corporation (Nasdaq: WDC) hit a new 52-week high Monday as it is currently trading at $58.04, above its previous 52-week high of $57.98 with 530,800 shares traded as of 10:25 a.m. ET. Average volume has been 2.8 million shares over the past 30 days. Western Digital has a market cap of $13.64 billion and is part of the technology sector and computer hardware industry. Shares are up 34.5% year to date as of the close of trading on Friday. Western Digital Corporation, through its subsidiaries, engages in the development, manufacture, and sale of storage products and solutions that enable people to create, manage, experience and preserve digital content. The company has a P/E ratio of 7.1, below the S&P 500 P/E ratio of 17.7.