my 2 cents worth. Once the US economy recovers(which is happening now), the demand on hard disk will pick up back again. On a contrarian strategy, one should look at semiconductor related company like JCY, Unisem, DUFU and Gtronic
u can see 3 qrtr result..narrow loss....so, company target FYE 2013 green/breakeven for JCY.. 1 Qtr loss (25.7 mil)., 2nd Qtr loss (20.7mil), 3rd Qtr loss (12.4 mil).... so, JCY still uptrend to give profit for 4 Qtr....IB produce bad report for jcy bcoz time to collect to get lower price before the price meletop...but, MIDF fund MGr still collect JCY...
Lazard Capital Markets Increases Western Digital Corp. Price Target to $77.00 (WDC) Date: 18/07/2013
Equities researchers at Lazard Capital Markets raised their price objective on shares of Western Digital Corp. (NASDAQ:WDC) from $68.00 to $77.00 in a research report issued on Thursday, AnalystRatingsNetwork.com reports. The firm currently has a “buy” rating on the stock. Lazard Capital Markets’ price objective would suggest a potential upside of 10.55% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Needham & Company raised their price target on shares of Western Digital Corp. from $65.00 to $77.00 in a research note to investors on Thursday, July 11th. They now have a “strong-buy” rating on the stock. Separately, analysts at Barclays Capital raised their price target on shares of Western Digital Corp. from $55.00 to $65.00 in a research note to investors on Wednesday, July 3rd. They now have an “equal weight” rating on the stock. Finally, analysts at Longbow Research upgraded shares of Western Digital Corp. from a “neutral” rating to a “buy” rating in a research note to investors on Thursday, June 27th.
Two analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $63.36.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
keithlauct
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Posted by keithlauct > 2013-08-21 08:28 | Report Abuse
my 2 cents worth. Once the US economy recovers(which is happening now), the demand on hard disk will pick up back again. On a contrarian strategy, one should look at semiconductor related company like JCY, Unisem, DUFU and Gtronic