Is Western Digital Among the Best Stocks to Buy Now?
May 23rd 2013 6:31PM
Updated May 23rd 2013 8:00PM
Solid-state disk drives may be the future, but they haven't taken over just yet. This week, Western Digital introduced a 1.5 terabyte portable magnetic drive for laptops and a variety of other formats, a move that could make it one of the best stocks to buy now.
While Apple and even Seagate Technology have increased their bets on SSD, Western Digital is poised to profit from PC makers hesistant to introduce too many premium-priced laptops into the market.
Think specifically of Dell and Hewlett-Packard , both of which offer SSD machines but whose customers are more price sensitive, says Tim Beyers of Motley Fool Rule Breakers and Motley Fool Supernova in the following video. Having access to Western Digital's higher-capacity drives should allow them to cater to budget-savvy customers that are still hungry for high performance, Tim says.
Do you agree? Please watch the video to get Tim's full take, and then let us know whether you believe Western Digital is one of the best stocks to buy now.
The article Is Western Digital Among the Best Stocks to Buy Now? originally appeared on Fool.com.Fool contributor Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team and the Motley Fool Supernova Odyssey I mission. He owned shares of Apple and IBM the time of publication. Check out Tim's web home and portfolio holdings or connect with him on Google+, Tumblr, or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.The Motley Fool recommends Apple. The Motley Fool owns shares of Apple, International Business Machines, and Western Digital. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.