Better Buy: Western Digital vs. Micron
Western Digital (NASDAQ: WDC) and Micron (NASDAQ: MU) both produce crucial components for PCs, mobile devices, and other electronics. WD is one of the world's largest manufacturers of HDDs (hard disk drives) and solid-state drives (SSDs), and Micron is a major manufacturer of NAND (flash memory) and DRAM memory chips.
Both companies struggled with a supply glut in memory chips and sluggish sales of PCs and mobile devices over the past two years. Yet both stocks also recovered this year on hopes for a cyclical recovery -- WD rallied nearly 40% this year as Micron rose over 50%. Does either stock have more room to run?
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Source Fool.com
