Company Overview - Western Digital Corporation (WDC) is valued at a market cap of $35.7 billion and specializes in developing, manufacturing, and selling data storage devices and solutions based on hard disk drive (HDD) technology [1] - The company offers a wide range of products including internal HDDs, data center drives, external drives, portable drives, and NAS for both home and office use [1][2] Market Position - WDC is classified as a "large-cap stock" due to its market cap exceeding $10 billion, highlighting its size and influence in the computer hardware industry [2] - The company is recognized as a global leader in data storage solutions, with a diverse portfolio that includes HDDs, solid-state drives (SSDs), and NAND flash memory [2] Stock Performance - WDC shares reached a 52-week high of $103.98 and have rallied 79.6% over the past three months, significantly outperforming the Dow Jones Industrial Average's (DOWI) 7.6% return during the same period [3] - Over the past 52 weeks, WDC has increased by 114.5%, compared to DOWI's 9.9% rise, and on a year-to-date basis, shares are up 130.5% [4] Financial Performance - On July 30, WDC reported strong Q4 earnings, with a 30% year-over-year revenue increase to $2.6 billion, surpassing analyst estimates by 6.5% [5] - The company's adjusted gross margin expanded by 610 basis points, and adjusted operating income surged 147.3% year-over-year to $732 million [5] - WDC's adjusted EPS of $1.66 exceeded consensus estimates of $1.48 [5]