Seagate Technology PLC (STX), Western Digital Corp. (WDC): Are These 2 HDD Stocks a Buy?

Final thoughts

In 2012, Seagate Technology PLC (NASDAQ:STX) was one of my largest holdings, and was a great investment. In my book, Taking Charge With Value Investing (McGraw-Hill, 2013), I explain how the most effective investors are able to detach themselves from stocks that have returned them wealth, and are able to constantly re-evaluate the market to find the best value.

While this may sound like common sense, this is a chief problem among retail investors, as they often have trouble knowing when to sell and then “letting go” of stocks that they have purchased in the past. With Western Digital Corp. (NASDAQ:WDC), I have had to reassess my outlook on the space, and my opinion of which company is the best. But after realizing that Western Digital is stealing market share, has more room to improve, and is making high-profile acquisitions (sTec) to enter new markets, I think it is the greatest investment opportunity in a cheap HDD market.

Brian Nichols is long WDC. The Motley Fool owns shares of Western Digital..

The article Are These 2 HDD Stocks a Buy? originally appeared on Fool.com.

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