Core Insights - Western Digital Corporation (NASDAQ:WDC) is recognized as one of the top-performing stocks of 2025, with shares gaining 106% year-to-date due to various catalysts, including a recent upgrade from Morgan Stanley [2] - Morgan Stanley upgraded WDC's stock to a Top Pick and raised the price target from $92 to $99, reflecting increased confidence in the company's performance [2] - Jim Cramer highlighted that WDC is trading at 15 times earnings, which is a significant increase compared to its historical low of 8 times earnings, indicating a potential shift in market perception [2] Company Performance - WDC's stock has reached a 52-week high, showcasing strong market performance [2] - The company operates in the computer hardware sector, specifically providing storage devices such as hard disks [2] Market Comparison - Historically, storage companies like WDC have traded at a discount to the S&P 500, but recent performance suggests a change in this trend [2] - Cramer noted a contrast between WDC and Micron, indicating that WDC's stock tends to decline without significant buyback activity from the company [3]