Billionaire Stanley Druckenmiller’s Top 10 Stocks Picks with Huge Upside Potential

6. Western Digital Corp. (NASDAQ:WDC)

Upside Potential as of April 11: 104.02%

Duquesne Capital’s Stake Value: $24.88 million

Number of Hedge Fund Holders: 85

Western Digital Corp. (NASDAQ:WDC) is a data storage solutions company headquartered in San Jose, California. It designs and manufactures solid-state drives (SSDs), hard disk drives (HDDs), and flash-based storage devices. Its clients are individual consumers, businesses, and large organizations like cloud service providers and enterprise data centers.

In FQ2 2025, Western Digital Corp. (NASDAQ:WDC) achieved a 12-quarter high in HDD revenue at $2.4 billion (up 76% YoY), driven by strong demand for high-capacity enterprise drives and UltraSMR technology while shipping a record 154 exabytes of nearline storage. Data center revenue also hit an all-time high, contributing 55% of total revenue. Looking ahead to FQ3, the company anticipates a mid-to-high single-digit decline in HDD revenue but expects a 0.5% improvement in gross margins.

Western Digital Corp. (NASDAQ:WDC) is also expanding its product portfolio to meet growing data demands across multiple sectors. In March 2025, the company unveiled new 26 terabytes (TB) high-capacity drives across its WD Red Pro and professional product lines. These new offerings include storage solutions ranging from the $569.99 WD Red Pro HDD for NAS systems to the $8,199.99 208TB G-RAID SHUTTLE 8 for creative professionals. The goal is to create solutions to address increasing storage needs driven by AI, video production, and data analytics.