3. As of noon trading, Western Digital Corporation ( WDC) is down $2.14 (-3.4%) to $60.32 on heavy volume. Thus far, 2.4 million shares of Western Digital Corporation exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $59.36-$62.02 after having opened the day at $62.02 as compared to the previous trading day's close of $62.46.

Western Digital Corporation, through its subsidiaries, develops, manufactures, and sells storage products and solutions that enable people to create, manage, experience, and preserve digital content. Western Digital Corporation has a market cap of $15.4 billion and is part of the computer hardware industry. Shares are up 44.6% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate Western Digital Corporation a buy, 2 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Western Digital Corporation as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Western Digital Corporation Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you liked this article you might like

Wall Street Overlooks Trump's North Korea Threats to Hit New Records

Stocks on Track for Records Even as Trump Goes After North Korea

T-Mobile, Sprint Deal Talk Lead Telecom Stocks to Post Big Gains