The Hot Stock: Western Digital Climbs 8.3%
December 07, 2016 at 16:43 PM EST
Western Digital ( WDC ) surged to the top of the S&P 500 after raising its sales and earnings guidance at its first analyst meeting in four years. Shares of Western Digital gained 8.3% to $69.15 today, while the S&P 500 rose 1.3% to 2,241.35, a record high. Barclays analysts Mark Moskowitz and Daniel Gaide offer their thoughts: