Was Jim Cramer Right About These 23 Stocks?

Page 10 of 23

14. Western Digital Corporation (NASDAQ:WDC)

Number of Hedge Fund Holders: 85

Western Digital Corporation (NASDAQ:WDC) is a global leader in data storage solutions, providing hard disk drives and flash storage products. Cramer described the stock as a turnaround play back then, noting its cheap valuation.

“Western Digital is a data storage company […] It’s just an incredibly cheap stock. Western Digital’s actually been a money loser of late, but the estimates say business is about to flip and you want to be in this stock when that happens.”

Western Digital Corporation (NASDAQ:WDC) has fallen by 12.85% since that older segment.

On January 31st, Cramer reiterated that the stock appeared cheap:

“I have read so many upgrades to Western Digital that I have to believe the stock is way too cheap. I’m calling that one money side up.”

Page 10 of 23