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This is a buying oppertunity. The VIX is at its highest level since the 7th Aug last-so the market is in a state of fear. The VIX is now at 30.60.
WDC is now on a PE of 7.48 Vs its 5Yr avg of 9.04 The future growth according to yahoo is 8.32 and that puts it on a Peg Ratio of 0.89. In my opinion, a fair value for WDC would be 10 times next years estimates and that's 46.50. Good luck to you all. Rating :
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