6 High-Stakes Tech Stocks to Buy for 2014

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6 High-Stakes Tech Stocks to Buy for 2014

Western Digital

What it Does: Western Digital (WDC) develops, manufactures, and sells hard disk drives (HDD) and other computer storage devices. Western Digital forecasts revenue from Big Data and cloud to grow at an annual rate of 34% through 2020.

Market Cap: $12.7 billion

The Big Trend: IDC’s Digital Universe projects that people will create three times more content in 2015 as in 2012 (from 2.8 ZB to 8.6 ZB).

Performance: Full-year 2013 revenues of $15.4 billion were 23% above the prior year’s results.

Stock YTD: +81%


Article printed from InvestorPlace Media, http://investorplace.com/2013/12/6-high-stakes-tech-stocks-2014/.

©2014 InvestorPlace Media, LLC

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