Western Digital Corp. (WDC), Seagate Technology PLC (STX): These Hard Disk Makers Are Still a Bargain

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The Bottom Line

Hard disk makers, faced with new opportunities in cloud computing and mobile technologies, seem to be doing well in terms of earnings. The market has picked up on this fact, sending these stocks on huge rallies over the last year. Despite this fact, the two main producers discussed here are still trading at rock-bottom valuations, which suggests that they may be in for even more upside.

Daniel James has no position in any stocks mentioned. The Motley Fool owns shares of Western Digital.

The article These Hard Disk Makers Are Still a Bargain originally appeared on Fool.com and is written by Daniel James.

Daniel is a member of The Motley Fool Blog Network — entries represent the personal opinion of the blogger and are not formally edited.

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