Showing posts with label WDC. Show all posts
Showing posts with label WDC. Show all posts

Monday, July 11, 2011

ICResearch Q2 2011 Performance (BKS, PHH, QCOR, VVUS, RCL, LL, ODP, EK, BBY, WFC, CREE, AIG, LOGI, PHG, WWE, NYB, LCC, CCL)

InvestingConsultantResearch.com today announced results for the quarterly performance of it's recommendations made for the second quarter of 2011. Here is how those recommendations for Q2 2011 performed since they were issued, ordered by return for the cautious investor if they had been held until market closes at the end of the second quarter of 2011 or when the bid price reached the level provided in the exit strategy.

To be fairly representative of the potential performance, the return presents what an investor would have earned opening the position at the prevailing price when the report was issued and closing it when the bid price of the stock reached the suggested exit point. If the stock did not reach any of the exit levels, the closing price at the end of the quarter is considered to be the selling price.


For the cautious investor:
BKS+ 120%
QCOR+ 85%
VVUS+ 43%
WDC: + 40%
DYAX: + 32%
CRU: + 32%
ARNA: + 30%
IGOI: + 30%
RCL: + 29%
DV: + 29%
EXF: + 27%
EXFO: + 25%
FCN+ 22%
SYNA+ 21%
AXL+ 18%
FBC+ 18%
VCI+ 18%
SANM+ 18%
MDAS+ 17%
LCC+ 17%
SWM+ 15%
FLML+ 15%
RDN+ 13%
LL+ 13%
ORN+ 12%
ODP+ 12%
EK+ 11%
MTOR+ 11%
BORN+ 10%
BBY+ 10%
JACK+ 10%
ENG+ 7%
LOJN+ 7%
PHH+ 7%
FEED+ 5%
XRTX+ 5%
SCCO+ 5%
RJET+ 4%
BPL+ 4%
WFSL+ 4%
NYB+ 4%
WFC+ 2%
FRO+ 1%
HBOS: - 1%
CREE- 2%
PHG- 2%
CCL- 2%
LOGI- 4%
LPS- 6%
RECN- 8%
AIG- 9%
WWE- 11%
SATC- 14%
ANAD- 20%
HSOL- 25%
MTSN- 26%

Average Return: + 13%


Once again, the return presents what an investor would have earned opening the position at the prevailing price of the option contract when the report was issued and closing it when the bid price of the contract reached the suggested exit point. If the stock did not reach any of the exit levels, the closing bid price at the end of the quarter is considered to be the selling price of the option contract.


For the risk taking trader:

Average Return: + 66%


Most of InvestingConsultantResearch.com's picks returned modest performance and some even suffered losses, but the losses were offset by the provided exit strategy. Subscribe to our our site to stay informed for forthcoming recommendations for Q3 and Q4 2011 or follow us on Twitter.

Sunday, March 6, 2011

Western Digital Corporation (NYSE: WDC) Q2 2011 Price Target

Recent price: 30.01$
P/E Ratio: 6.32
3 Months Target Price: 35$

Company Description
According do Reuters, Western Digital Corporation (WD) designs, develops, manufactures and sells hard drives. The Company sells its products worldwide to original equipment manufacturers (OEMs) and original design manufacturers (ODMs) for use in computer systems, subsystems or consumer electronics (CE) devices, and to distributors, resellers and retailers. Its hard drives are used in desktop computers, notebook computers, and enterprise applications such as servers, workstations, network attached storage, storage area networks and video surveillance equipment. Additionally, its hard drives are used in CE applications, such as digital video recorders (DVRs), and satellite and cable set-top boxes (STBs). It also sells its hard drives as stand-alone storage products by integrating them into finished enclosures, embedding application software and offering the products as WD-branded external storage appliances for personal data backup and portable or expanded storage of digital music, photographs, video and other digital data.


Confidence Margins
Strong resistance $36.79 (+23%)
Light resistance $35.07 (+17%)
Light support $27.41 (-9%)
Strong support $23.06 (-23%)

Recommendation
This hard drive storage manufacturer has been subject to many rumors regarding an IPO or an acquisition. As time has passed however, investors have let the company down and there is still quite some potential left in the company.

Entry strategy
For the cautious investor:
Buy the stock for 31$ or less.

For the risk-taking trader:
The July 2011 30$ call option contract seems to be the right position to take, they can be acquired for about 290$ per contract.

Exit Strategy
For the cautious investor:
Sell when the stock reaches 35$, or keep it until 36$ if you are more bullish in your own analysis. It is highly recommended to keep the position on check if it goes sour.

For the risk-taking trader:
The contracts should be kept until the underlying reaches around 35$. This should provide a good return if the underlying reaches the target price as the contracts will get deeper in the money.