Western Digital Soars 51.8% in the Past 3 Months: How to Play the Stock?

Western Digital Corporation's ((WDC) shares have gained 51.8% in the past three months, outperforming the Zacks Computer-Storage Devices industry's rise of 13.3%. The stock has also outpaced the Zacks Computer & Technology sector and the S&P 500's growth of 13.6% and 9.9%, respectively. This surge is powered primarily by robust cloud demand and AI-driven storage needs. The company has outperformed its competitors in the storage space, like Seagate Technology Holdings plc ((STX), Pure Storage ((PSTG) and Net ...