Western Digital Soars: AI Demand & Smart Moves Fuel Growth
Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Tuesdays
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Western Digitals impressive performance in the S&P 500 index this year, driven by AI demand and strategic moves, has Morgan Stanley analysts predicting further growth. The stocks inclusion in the Nasdaq 100 index and the launch of a $2 billion buyback plan have boosted its appeal. AI models need for massive data storage, which Western Digital provides cost-effectively, is expected to fuel earnings growth. With a strong buy consensus and targets up to $250, the stocks momentum is poised to continue into 2026. Checkout Solipillow.comThe Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
