This chart confirms why it is important to be an active #investor and not just rely on a fixed #asset #allocation with a percentage of your #portfolio consisting of #bonds based on your age ! #ActiveInvesting https://t.co/QB4Ek65yiH
— Mara Thon (@mezzamaratona75) May 17, 2018
Author: responsibleinvestor892405851
The energy sector is currently leading the market but will it last ?
Currency war on either side of the “pond”
An example of an undervalued computer hard disk drive manufacturers stock
If you look at the valuation of Western Digital ($WDC) these days you will find that the stock is very undervalued. According to YahooFinance it has a PEG ratio (5 years) of 0.2 !
As regards technical performance, the stock has lagged behind lately and is currently trading below its 20, 50 and 100 days moving average:
Value investing requires patience: even though the stock is trading at a discount with regards to projected future earning, timing is of the essence and one would need to watch if the market recognizes the value of Western Digital before starting a position.