15 Best Stocks to Buy for the Second Half of 2026

10. Western Digital Corporation (NASDAQ:WDC)

Number of Hedge Fund Holders: 83

Year-to-date return: 218.79%

On June 29, Melius Research initiated coverage of Western Digital Corporation (NASDAQ:WDC) with a “Buy” rating and a $1,050 price target. The firm said the recent pullback created an attractive entry point. Analyst Ben Reitzes, calling himself an “AI infrastructure bull,” said hard disk drives offer long-term strategic value since AI fueled by video speeds up storage demand. The analyst also sees growing opportunities in physical AI.

Separately, on June 1, BofA raised its price target on Western Digital Corporation (NASDAQ:WDC) to $732 from $610. The firm maintained a “Buy” rating on the stock. Analyst Wamsi Mohan said hard disk drive demand continues to outpace supply. He noted pricing remains strong and exabyte shipments could exceed management’s long-term 25% year-over-year growth outlook.

Earlier, on June 1, the corporation said at Computex 2026 that “AI doesn’t just run on compute. It runs on data.” The firm argues that AI infrastructure is fundamentally a data system, as training, inference, agentic AI, and physical AI continuously generate data that must scale efficiently.

Western Digital Corporation (NASDAQ:WDC) works in the development, manufacture, marketing, and sale of data storage devices and solutions.