Western Digital Corporation (WDC): I’ve Seen It At “8 Times Earnings,” Says Jim Cramer

We recently published 13 Stocks That Jim Cramer Discussed. Western Digital Corporation (NASDAQ:WDC) is one of the stocks Jim Cramer recently discussed.

Western Digital Corporation (NASDAQ:WDC) is a computer hardware company that provides storage devices such as hard disks. It is one of the top-performing stocks of 2025 in terms of percentage gains. Western Digital Corporation (NASDAQ:WDC)’s shares have gained 106% year-to-date on the back of several catalysts, such as a Morgan Stanley upgrade earlier this month. In its coverage, the investment bank upgraded Western Digital Corporation (NASDAQ:WDC)’s stock to a Top Pick and hiked the price target to $99 from $92. Cramer commented on the recent uptick in the shares and their valuation:

“Look at. . .Western Digital. I mean those things are trading at, they are all storage companies.  They historically have traded at a very big discount to the S&P, and Western Digital, again, 52 week high today. Trades at 15 times earnings, I’ve seen that thing at 8 times earnings.”

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Here are Cramer’s previous remarks about Western Digital Corporation (NASDAQ:WDC):

“Going forward, I think that could be the real difference between Micron and Western Digital… When Micron’s stock goes down, the company will be in there buying it hand over fist with you. When Western Digital’s stock goes down, it just goes down.”

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Disclosure: None. This article is originally published at Insider Monkey.