Despite upbeat #earnings, the #US #tradewar with #China looms over #Caterpillar | #ActiveInvesting $CAT

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:

Western Digital Technical Analysis Chart | WDC | US9581021055 | 4-Traders

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.