1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
GuruFocus
GuruFocus
Articles (1291) 

FPA Capital Fund on Western Digital

May 28, 2012 | About:

Western Digital has been in the portfolio since 2007 when we initially purchased the stock in the mid teens. We aggressively added to the position during the financial crisis when the stock traded as low as $10. WDC, which closed at $41.39, along with Seagate Technology, dominates the Hard Disk Drive (HDD) business. WDC has roughly 40% market share of an approximate 700 million unit world-wide market. During the first quarter, WDC closed its deal to purchase Hitachi’s HDD business for $4.8 billion. We believe this deal will add substantial earnings and free cash flow to the company over the next couple of years. Consensus earnings estimates for the combined company recently were increased to over $8 for WDC’s fiscal (June) year end 2013.


Rating: 2.3/5 (6 votes)

Comments

Please leave your comment:


GuruFocus Mobile App


User Generated Screeners


msacaccioOld Faithful
cirrosold faithful
laburFrance EVMC
ymoscoRule # 1
paulyew2003All +ve Growth 2
paulyew2003All +ve Grwoth
Ahmadou.DiarraControl A
pbarker46Shiller PE
DANGORDON05/06/2016
DANGORDON05/05/2016

Select portfolio(s):

  • Loading...

Why you are interested?

Your selection and notes will be stored in your portfolio.

Login to add portfolio
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK